Crypto Markets Today: Bitcoin climbs to highest level in four weeks as altcoins lag

2026-01-05 13:24:13

Source: CryptoNewsNet Original Title: Crypto Markets Today: Bitcoin climbs to highest level in four weeks as altcoins lag Original Link: The crypto market is in a buoyant mood on Monday after bitcoin (BTC) rose to $93,350, its highest level since Dec. 11, before giving back some of those gains.

The bulk of the move occurred at midnight UTC, around the time bitcoin futures trading opened on major exchanges, which created a “gap” between $90,500 and $91,550.

These gaps typically get filled over the course of a few days, meaning the price will likely return to the $90,500 level at some point this week.

Traders are mainly focusing on bitcoin as opposed to altcoins, with the industry’s largest asset rising by 1.33% since midnight, while meme and metaverse sector indexes lost 6.4% and 2.3%, respectively over the same period.

Equities and precious metals also rose overnight to suggest a risk-on market approach following recent geopolitical developments.

BTC-0,03%

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