January 6, 2026
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Bitcoin eyes longest daily winning streak in 3 months

Bitcoin rose over 1% during Monday’s Asian trading session, marking a potential five-day winning streak.”, — write: www.coindesk.com

Bitcoin rose over 1% during Monday’s Asian trading session, marking a potential five-day winning streak. Jan 5, 2026, 5:28 am

Bitcoin BTC$92,424.66 climbed over 1% during Monday’s Asian trading session, positioning itself for a five-day winning streak, the longest since early October.

The leading cryptocurrency by market value jumped from roughly $91,480 to $92,500, CoinDesk data show. At one point, prices topped $93,000. Major alternative cryptocurrencies such as XRP$2.1237solana SOL$135.54and ether ETH$3,156.15 jumped from 0.7% to 1%. The CoinDesk 20 and CoinDesk 80 Indexes rose 1.5%, pointing to a broader market cheer.

“Market sentiment is improving, with both Bitcoin and Ethereum transitioning into bullish trend regimes,” Markus Thielen, founder of 10x Research, who was recently voted as the top crypto analyst, said in a Telegram message to CoinDesk.

“We turned constructive following the late-December options expiration, anticipating that tax-loss selling would subside and that trading desks would regain flexibility to deploy risk into the new year,” Thielen added.

BTC's daily gain/loss in percentage terms. (TradingView)BTC’s daily gain/loss in percentage terms. (TradingView)

Bitcoin and the broader crypto market mostly remained depressed through December as US-based holders supposedly liquidated their holdings at a loss to offset capital gains and reduce overall tax liability. Investors intentionally realize losses on underperforming assets to lower the tax owed on profitable sales.

Bitcoin underperformed Nasdaq, gold, and other precious metals through 2025, ending the year with a 6% loss. The performance was particularly weak during the North American trading hours in the final weeks of the year.

Bitcoin’s latest uptick coincides with renewed geopolitical stress from the US capture of Venezuelan President Nicolás Maduro. This rise is increasingly viewed as a sign of cryptocurrencies attracting safe-haven demand.

“We view the simultaneous surge across multiple asset classes following US military action in Venezuela as a textbook flight to quality. Safe havens such as gold and silver are rallying sharply as investors price in elevated geopolitical risk that could persist or escalate,” Ryan Lee, chief analyst at cryptocurrency exchange Bitget, said in an email.

“Oil, for now, remains relatively contained around the $60 per barrel level, which helps limit immediate inflation pressure, but markets are clearly discounting the risk of future energy disruptions and tighter liquidity conditions that may compel the Federal Reserve to keep rates elevated for longer,” Lee added.

Looking ahead, the bias remains bullish while BTC’s price holds above the 21-day exponential moving average, according to Thielen.

“Early ETF inflows have been encouraging, and as long as Bitcoin holds above its 21-day moving average, the near-term bias remains skewed to the upside,” Thielen said.

The 11 bitcoin spot exchange-traded funds (ETFs) pulled in over $471 million on Friday, the largest single-day tally since Nov. 11, according to data source SoSoValue.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image 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.

What to know:

  • 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.

View Full Report

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XRP breaks $2.12 as shrinking exchange supply leads to price squeeze higher

(CoinDesk Data)Exchange balances are at multi-year lows, signaling potential supply tightness that could amplify future rallies.

What to know:

  • XRP surged past $2.12, breaking a key resistance level with above-average trading volume.
  • Institutional demand remains strong, with US-listed spot XRP ETFs seeing $13.59 million in new inflows this week.
  • Exchange balances are at multi-year lows, signaling potential supply tightness that could amplify future rallies.

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