XRP Surges 9% to $2.32 After Breaking Key Resistance, Leading Crypto Rally
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 06 2026- XRP Strong Rebound: XRP surged 9% to nearly $2.32 after breaking key resistance, marking its strongest performance since mid-November, indicating a robust demand for cryptocurrencies and a recovery in investor confidence.
- Bitcoin Recovery: Bitcoin rose over 3% to $94,400 during Monday's trading, approaching the critical $95,000 level deemed necessary by analysts for further momentum, reflecting optimistic market sentiment regarding Bitcoin's future trajectory.
- Crypto-Related Stocks Rally: Following sustained selling pressure in 2025, crypto-related stocks saw significant gains, with Coinbase receiving a Buy rating from Goldman Sachs and rising nearly 9%, showcasing a renewed confidence in the crypto sector.
- Small-Cap Stocks Shine: Bakkt jumped 30%, Figure added 20%, and Bitcoin miner Hut 8 climbed 15% nearing $60 per share, reflecting strong investor interest in smaller crypto companies and a resurgence of market vitality.
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.
