US crypto stocks jump as major tokens hit multi-week highs
Major public US crypto companies rallied double-digits on Monday after a market rebound that pushed major tokens to multi-week highs. Bakkt (BKKT) led the gains with a nearly 31.5% rise and climbed nearly 5% after the bell to $15.52, while Bitcoin treasury company Kindly MD (NAKA) closed up over 24%.
Mining stocks also rose: the Trump-led American Bitcoin (ABTC) climbed 13.5% to over $2 for the first time in nearly a month and was the best-performing US crypto miner, and Hut 8 (HUT), IREN (IREN) and Cipher Mining (CIFR) posted gains of about 12%–13.5%. The companies have refitted portions of their businesses to support artificial intelligence and high-performance computing demand.
Crypto exchanges Coinbase (COIN), Gemini (GEMI) and Robinhood (HOOD) gained roughly 7%–7.5%. The total crypto market capitalization rose 1.3% in 24 hours to nearly $3.3 trillion, up from just over $3 trillion at the start of 2026. Bitcoin gained 1.2% in the past day to about $93,800 after hitting a 24-hour high above $94,600 and has gained over 7% since Jan.
1. Ether hit a daily high above $3,200, its strongest in over three weeks, and XRP rose nearly 12% to $2.39, its highest since mid-November and up more than 26% over the past week.
Key Topics
Crypto, Bakkt, Bitcoin, Coinbase, American Bitcoin, Kindly Md