Bitcoin Surges Above $94,000, Boosting Related Stocks
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 06 2026- Bitcoin Price Surge: Bitcoin reached $94,634 during Monday's trading, gaining over 3% in 24 hours, marking its highest price in 30 days, which reflects strong market demand for cryptocurrencies and may attract more investors into the space.
- Ethereum's Strong Performance: Ethereum hit $3,253 during trading, recently trading at $3,241 with over 3% gains in the past day, indicating its sustained appeal in the crypto market, potentially driving more capital inflows into this asset.
- Coinbase and Robinhood Gains: Coinbase shares closed at nearly $255, up almost 8%, while Robinhood shares traded at approximately $123, gaining nearly 7%, indicating increased investor confidence in crypto trading platforms, which may boost their market capitalizations to about $69 billion and $111 billion, respectively.
- Mining Companies Show Significant Growth: Iris Energy's stock jumped 13% to $48.24, benefiting from a $9.7 billion deal with Microsoft, while Hut 8 shares rose 13.6% to $58.25 due to a $7 billion AI deal with Google, showcasing the potential of crypto mining firms in tech collaborations.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
