Bitcoin benefited from gains in tech stocks, which it tends to track, as investors grew more optimistic over the sector’s prospects with artificial intelligence
Bitcoin rose on Monday tracking a broader increase in technology stocks, although overall gains were limited.
Focus this week is also on a host of key economic prints, most importantly U.S. nonfarm payrolls data for December.
Bitcoin rose 1.1% to $92,264.5 by 06:33 GMT.
Bitcoin benefited from gains in tech stocks, which it tends to track, as investors grew more optimistic over the sector’s prospects with artificial intelligence. Broader crypto prices also ticked higher, tracking this trend.
But the world’s largest crypto was nursing a 6.4% drop in 2025, as investors largely cooled on crypto in the second half of 2025 amid growing questions over the sector’s long-term prospects.
Bitcoin’s early-2026 gains were in part driven by bargain buying, after the world’s largest crypto logged a 6.4% drop in 2025.
While the crypto hit a series of record highs last year, on cheer over more regulatory support under the Trump administration, its gains largely cooled in the final quarter of the year.
This turn in sentiment was driven in part by growing doubts over the long-term prospects of Bitcoin treasury companies, such as Strategy, especially after the latter was snubbed on being included in a major U.S. equity index.
An October flash crash in crypto prices also rattled retail sentiment, while institutional buying into crypto funds was seen slowing over the past quarter.
Broader crypto prices logged marginal gains, tracking Bitcoin.
World no.2 crypto Ether was flat at $3,144.41, while XRP added 2.1%. BNB rose 1%, while Solana and Cardano added less than 1% apiece.
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