Major publicly traded crypto companies in the United States rose by double digits on Monday, following a rally in the crypto market that saw major tokens hit multi-week highs.
Crypto infrastructure platform Bakkt (BKKT) led Monday’s rally, rising about 31.5% and rising about 5% to $15.52 after the bell. Bitcoin (BTC) treasury company Kindly MD (NAKA) was among the top five gainers, ending the day up more than 24%.
Shares of crypto mining companies also rose, with Donald Jr. and Eric Trump’s American Bitcoin (ABTC) up 13.5%, topping $2 for the first time in almost a month.
President Trump’s U.S. Bitcoin was the best performer among U.S. crypto miners on Monday. sauce: Google Finance
Hut8 (HUT), IREN (IREN), and Crypto Mining (CIFR) all rose between 13.5% and 12% on the day. All companies are restructuring their businesses to support artificial intelligence and taking advantage of the significant demand for high-performance computers needed to run the technology.
Cryptocurrency exchanges Coinbase (COIN), Gemini (GEMI), and Robinhood (HOOD) rose 7% to 7.5% on Monday as the crypto market regained its vigor after a holiday lull.
Cryptocurrency market recovers to multi-week highs
In the past 24 hours, the total value of the cryptocurrency market increased by 1.3% to nearly $3.3 trillion, up from just over $3 trillion at the beginning of 2026.
Bitcoin has risen 1.2% over the past day, falling to $93,800 after hitting a 24-hour high above $94,600, its highest since early December. It has risen more than 7% since January 1 as market sentiment continues to improve.
Meanwhile, Ether (ETH) hit a three-week high above $3,200, and XRP (XRP) soared nearly 12% on the day to $2.39, its highest since mid-November.
XRP has risen more than 26% over the past week, surging to a seven-week high. sauce: CoinGecko
Analysts at crypto data platform Glassnode said on Monday that trends in the crypto spot market “indicate a significant reduction in sell-side aggressiveness,” while trading volumes “are expanding modestly, indicating improving liquidity with no signs of over-speculation.”
They added that Bitcoin is “moving from a correction phase to a fragile consolidation regime” and that suppressed on-chain demand has left the market “susceptible to volatility and profit-taking risks as it attempts to rebuild its highs.”
