“Digital asset treasury companies — 2025’s worst performers — were leading crypto-related stock gains.”, — write: www.coindesk.com
For the second consecutive session, crypto is adding to overnight gains during the US trading day — a notable change from late 2025 when the sector consistently pulled back as American stocks traded.
Indeed, the Coinbase Bitcoin Premium Index has climbed sharply in the first week of 2026, signaling a rebound in US demand. The gauge had fallen to its lowest level in nine months on Jan. 1, when bitcoin was trading around $88,000, registering a reading of minus 0.018%.
The index measures the price difference between bitcoin traded on Coinbase, a leading US exchange, and the global market average, and is widely viewed as a proxy for US capital flows, institutional activity, and market sentiment.
That Jan. 1 reading marked the most negative level since the first quarter of 2025, when bitcoin slid toward $76,000 during the tariff tantrum. A similarly sharp negative print was also recorded in November 2025, coinciding with bitcoin’s local bottom near $80,000.
The premium has since improved to around minus 0.03%, suggesting that US capital flows are starting to return.
Bitcoin eyes $94,000Rallying nearly 1% since US stocks opened for trade on Monday, bitcoin BTC$93,796.47 has pushed back to nearly $94,000, up 3% over the past 24 hours and to its highest level since the first 10 days of December.
Ether ETH$3,223.88 and XRP$2.3888 are up similarly, while solana SOL$138.85 is ahead just 1%. Down modestly over the past 24 hours is DOGE$0.1522although it remains 20% higher over the past week, sparking a rush of related ETF inflows.
Next levels to watchWhile momentum has shifted from negative to positive after a quiet holiday stretch, the $95,000 mark remains a key level for bitcoin, according to Jake Ostrovskis, head of OTC at Wintermute.
“We await the US session to confirm or reject this move — and potentially reverse the late-2025 pattern of US selling,” he said, pointing to the fact that bitcoin dropped a cumulative 5.45% during US hours versus a 10.01% gain during APAC hours. “This is worth watching,” he said.
If bitcoin and ether ETH$3,223.88 stay above key levels through the US session, systematic buyers could step in and add to the momentum.
DATs post big gainsThoroughly beaten down in the second half of 2025, digital asset treasury companies (DATs) are posting outsized advances on Monday. Among those higher by double-digit percentages is Strive (ASST), which disclosed the purchase of another 101.8 BTC in the fourth quarter, bringing its total holdings to 7,626 BTC valued at roughly $708 million.
American Bitcoin (ABTC) is up 13% after adding 329 BTC, increasing its reserves to 5,427 bitcoins. Solana-focused DeFi Development (DFDV) is higher by 16%.
KuCoin captured a record share of centralized exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the broader crypto market.
- KuCoin recorded over $1.25 trillion in total trading volume in 2025equivalent to an average of roughly $114 billion per monthmarking its strongest year on record.
- This performance translated into an all-time high share of centralized exchange volumeas KuCoin’s activity expanded faster than aggregate CEX volumeswhich slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly spliteach exceeding $500 billion for the year, signaling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activityreinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activityindicating structurally higher user engagement rather than short-lived volume spikes.
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Bakkt, Figure and Hut 8 were among numerous crypto-related stocks posting double-digit percentage gains.
- Bitcoin jumped more than 3% on Monday to its highest level since mid-November, nearing the key $95,000 mark.
- XRP led the crypto rally with a 9% gain after breaking resistance on strong volume.
- It’s a good start to 2026, but bitcoin isn’t out of the woods yet, said one analyst.
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