BTC, ETH, ADA, SOL Price: Cardano pops 7%, bitcoin, ether climb as 2026 begins
Summary
Bitcoin and major cryptocurrencies started 2026 with gains in Asian trading hours, with Cardano's ADA leading the surge, climbing 7% while Bitcoin neared $88,700 and Ether hovered around $3,010. Analysts suggest this movement reflects selective positioning rather than the start of a broad altcoin season, noting that flows still favor liquid majors like BTC and ETH, as indicated by an Altseason Index near 16 signaling Bitcoin dominance. This modest crypto rebound coincided with a global risk-on sentiment, boosting Asian equities and precious metals. While the cross-asset setup is supportive, traders remain cautious following late 2025 profit-taking, viewing BTC holding the high-$80,000s and ETH above $3,000 as early signs of returning dip-buying.
(Source:CoinDesk)