Global cryptocurrency markets have gained momentum at the start of 2026 as Bitcoin (CRYPTO: BTC) broke above key technical levels, reigniting speculation over a potential move back toward $100,000.

What Happened: Entrepreneur and Bitcoin investor Lark Davis said the crypto market has staged a strong rebound to begin 2026, adding more than $250 billion in total market capitalization.

Bitcoin is up about 7%, Ethereum (CRYPTO: ETH) has gained nearly 9%, major altcoins are posting double-digit gains, and meme coins have surged sharply.

Davis attributed the rally to five main drivers:

The end of tax-loss harvesting, which removed December selling pressure and allowed rebound buying.

A sharp… Read more on Benzinga