BONK soars 30% daily, Bitcoin ticks 3-week high above K: Weekend Watch

BONK soars 30% daily, Bitcoin ticks 3-week high above $91K: Weekend Watch

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Several meme coins have made notable gains in the past day.

Bitcoin’s price rally that began at the start of the year continued over the past 24 hours as the asset reached a multi-week high of just under $92,000.

Many larger market cap altcoins have posted even more impressive gains on the day, including ETH, which has regained the $3,100 resistance, and XRP, which is nearing $2.10.

BTC looks $92K

After ending 2025 as the first post-halving year in the red, bitcoin started 2026 on a high, quickly rising from $88,000 to nearly $91,000 on Friday. It was immediately rejected on Saturday morning when reports of explosions in Venezuela’s capital went live, dropping to $89,300.

Interestingly, BTC started gaining ground again after the US confirmed that it had carried out a successful military mission in Venezuela and captured its president. Hours later, after Trump addressed the nation, bitcoin climbed even further, approaching $92,000 earlier this morning for the first time since mid-December.

It was stopped there, but it is still trading above $91,000, representing a weekly increase of 4.2%. For now, the market cap has risen to $1.825 trillion. However, dominance over altcoins has decreased from 57.7% to 56.9% on CoinGecko over the past week.

BTCUSD January 4. Source: TradingView

BONK Back in the Top 100

Most altcoins have once again posted notable gains in the past 24 hours. Ethereum has decisively regained the $3,100 level, with a daily increase of 1.4%. Ripple’s XRP is nearing $2.10 after rising 3.5%. BNB is close to $890, TRX is at almost $0.30, while SOL, ADA and BCH have posted even more impressive gains.

Dogecoin has risen 7% to well above $0.15. Other meme coins have joined the craze, with PEPE and SHIB up by double digits. BONK has re-entered the top 100 alts after a massive 30% increase.

Trump-linked tokens are also in the green daily, including WLFI. The total crypto market cap has soared above $3.2 trillion, after adding another $60 billion per day.

Cryptocurrency market overview daily January 4. Source: QuantifyCrypto
Cryptocurrency market overview daily January 4. Source: QuantifyCrypto
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