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BONK Skyrockets by 30% Daily, Bitcoin Taps 3-Week High Above $91K: Weekend Watch

BONK Skyrockets by 30% Daily, Bitcoin Taps 3-Week High Above K: Weekend Watch
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Several meme coins have posted notable gains over the past day.

Bitcoin’s price resurgence that started at the beginning of the year continued in the past 24 hours as the asset tapped a multi-week peak of just under $92,000.

Many larger-cap altcoins have posted even more impressive gains daily, including ETH, which has reclaimed the $3,100 resistance, and XRP, which is close to $2.10.

BTC Eyes $92K

After closing 2025 as the first post-halving year in the red, bitcoin began 2026 on the right foot and quickly surged from $88,000 to almost $91,000 on Friday. It faced an immediate rejection there on Saturday morning when reports about explosions in Venezuela’s capital went live and slipped to $89,300.

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

It was stopped there, but still trades above $91,000, which represents a 4.2% weekly increase. For now, its market capitalization has surged to $1.825 trillion. Its dominance over the altcoins has declined in the past week, though, from 57.7% to 56.9% on CoinGecko.

BTCUSD Jan 4. Source: TradingView

BONK Back in Top 100

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

Dogecoin has jumped by 7% to well over $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% surge.

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

Cryptocurrency Market Overview Daily Jan 4. Source: QuantifyCrypto
Cryptocurrency Market Overview Daily Jan 4. Source: QuantifyCrypto
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