Major U.S. crypto stocks surged on Monday as the broader digital asset market staged a strong rebound, pushing Bitcoin and Ether to fresh three-week highs and reigniting investor appetite for crypto-linked equities.
Shares of several publicly listed U.S. crypto companies posted double-digit gains following the rally in major tokens. Crypto infrastructure firm Bakkt led the advance, jumping nearly 31.5% during the session and adding close to 5% after the close to trade at $15.52. Bitcoin treasury firm Kindly MD was also among the top performers, ending the day more than 24% higher.
Crypto mining stocks moved sharply higher as well. American Bitcoin climbed 13.5%, rising above $2 for the first time in almost a month and emerging as the best-performing U.S. crypto miner of the day. Hut 8, IREN, and Cipher Mining also recorded gains ranging from 12% to 13.5%.
Many mining firms have recently repositioned their operations to support artificial intelligence workloads, seeking to benefit from rising demand for high-performance computing infrastructure.
Crypto exchanges also benefited from the renewed momentum. Shares of Coinbase, Gemini, and Robinhood advanced between 7% and 7.5%, as trading activity picked up following a holiday-period slowdown.
Crypto market rebounds to multi-week highs
The total market capitalization of cryptocurrencies rose about 1.3% over the past 24 hours to nearly $3.3 trillion, extending gains from just over $3 trillion at the start of 2026.
Bitcoin gained roughly 1.2% on the day, easing to around $93,800 after touching a 24-hour high above $94,600 — its strongest level since early December. Bitcoin has now risen more than 7% since the beginning of January as overall market sentiment improved.
Ether climbed to a daily high above $3,200, marking its highest price in over three weeks. XRP outperformed the broader market, surging nearly 12% to $2.39, its highest level since mid-November. XRP has gained more than 26% over the past week, reaching a seven-week high.
Analysts at Glassnode said spot market activity shows a noticeable drop in selling pressure, while trading volumes have increased modestly. They noted that improving liquidity has emerged without clear signs of speculative excess.
Glassnode added that Bitcoin appears to be moving out of a corrective phase and into a fragile consolidation period. However, muted on-chain demand suggests the market remains sensitive to volatility and potential profit-taking as prices attempt to build a stronger recovery.
