Bitcoin Soars to $90,000: Is the Crypto Circus Back in Town? 🎪💰

by

Markets

What to know, you curious creature:

  • Bitcoin, that mischievous digital imp, has leaped above $90,000 during U.S. trading hours on Friday. 🌟✨
  • A notable twist in the tale, as crypto prices in late 2025 were as defensive as a tortoise in a lion’s den while American stocks strutted their stuff. 🐢🦁
  • Strategy, Coinbase, Hut 8, and Galaxy Digital are among the crypto-related stocks doing the financial fandango. 💃🕺

Ah, last year in crypto-a year to remember, or perhaps forget, depending on your wallet’s thickness. But one trend stood out like a sore thumb (or a very expensive NFT): the selloffs that occurred nearly every day during U.S. trading hours. It was like watching a magician pull rabbits out of a hat, except the rabbits kept disappearing. 🐇🎩

But lo and behold, on 2026’s first trading day, a change is brewing-or should we say, a crypto cauldron is bubbling? Prices are actually rising while American markets are open. Could this be the start of a new chapter, or just another page in the book of financial folly? 📈📉

Bitcoin has soared above $90,000, up 2.5% in the past 24 hours. Ether, Solana, and their crypto cousins are seeing advances closer to 4%. It’s like a party, and everyone’s invited-except maybe the bears. 🐻🚫

Assets in general are on the rise in this year’s first session, with the Nasdaq higher by 0.6%. Leading the charge are AI-related chipmakers like Nvidia, Broadcom, Micron, and Intel, posting gains of 3%-6%. Silver, the shiny underdog, has added 3%. Gold and copper are modestly higher, but let’s be honest, they’re just happy to be included. 🏅✨

Bitcoin miners turned AI infrastructure firms are sharply higher across the board. Hut 8, CleanSpark, TeraWulf are sporting 10% gains, while Cipher Mining and IREN are each higher by 8%. It’s like they discovered a digital goldmine-or maybe just a very clever algorithm. ⛏️🤖

Strategy and Coinbase are each ahead more than 3%, Galaxy Digital by 7%, and Circle Financial by 4.5%. It’s a financial feast, and everyone’s grabbing a slice of the pie-or should we say, the blockchain? 🥧⛓️

Read More

2026-01-02 19:40