Crypto markets seem to be kicking off 2026 with strong rebounds. There is heightened risk appetite due to the whole US/Venezuela situation going on. Bitcoin and other majors are showing good signs of strength while trading volume and ETF inflows are continuing strongly.
Bitcoin (BTC): Touched $93k, had a slight pull back, and now surging again. Seems to be building on early year momentum.
Ethereum (ETH): Seems to be holding steady as well with DeFi and staking interest.
Solana (SOL): Consolidating with institutional infrastructure tailwinds.
Zcash (ZEC): Privacy narrative continues to outperform markets. Up significantly YTD on shielded transactions.
Broader Narratives: Risk-on with AI tokens, memes, DeFi, L2s all looking strong. Seems to be some selective rotation into utility/privacy plays.
Fear looks to be washing out with liquidity volumes rising, fed rates holding at mid 3%, and M2 money supply sitting around $22.32 Trillion.
Overall, early 2026 is showing a building recovery. Sentiment is finally rising above extreme fear. Prices are grinding higher. Keep an eye on macro (fed) and geopolitics for volatility. Typically a prolonged fear->neutral historically shows of coming strong moves.
As always, DYOR.