Bitcoin, Ethereum, XRP, Dogecoin Gain As 2026 Looms: Analyst Expects ‘Nice Little Surprise’ On New Year’s Day If BTC Does This

Leading cryptocurrencies rose on Tuesday, while the stock market slipped as the Federal Reserve released minutes from its December meeting.

Cryptocurrency Gains +/- Price (Recorded at 8:35 p.m. ET)
Bitcoin (CRYPTO: BTC) +1.78% $88,600.81
Ethereum (CRYPTO: ETH)
               
+1.88% $2,978.98
XRP (CRYPTO: XRP)                          +1.78% $1.88
Solana (CRYPTO: SOL)                          +2.39% $125.71
Dogecoin (CRYPTO: DOGE)                          +0.76% $0.1235

Bitcoin, Ethereum On Track For Worst Q4 Since 2018

Bitcoin rose but failed to break past the $89,000 barrier, while trading volume for the apex cryptocurrency plummeted 24% in the last 24 hours. Ethereum again stalled at $3,000 amid a 27% dip in trading volume.

The two heavyweights are poised for their weakest fourth quarter performances since 2018, with Bitcoin down 22.37% and Ethereum losing 28%.

Meanwhile, shares of cryptocurrency-linked stocks Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Coinbase Global Inc. (NASDAQ:COIN) closed down 2.87% and 0.93%, respectively, during the regular trading session.

Benzinga Edge delivers real-time stock alerts, trade ideas, and professional investing tools to help you navigate the market. Learn more about BMNR and COIN and start your investment journey today.

Nearly $180 million was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with roughly equal amounts of longs and shorts erased.

Bitcoin’s open interest fell 2.28% in the last 24 hours. …

Full story available on Benzinga.com