Bitcoin breaks above $97,000 as crypto kicks off first major rally of 2026
Cryptocurrency markets are experiencing the first major rally of 2026. Bitcoin reached a high of over $97,000, and Ethereum edged close to $3,400 on Wednesday afternoon. Some analysts predict this is part of a larger bullish trend.
Cryptocurrency markets appear to be coming out of hibernation as Bitcoin and key altcoins reach price levels not seen in over a month. Ethereum rallied 5% over the last 24 hours, reaching a high of over $3,380 for the first time in the new year. Solana also saw some substantial gains, peaking at $148 Wednesday afternoon after hitting a low of $133 on January 8th.
Certain experts believe this rally is here to stay after Bitcoin broke well above the $95,000 resistance level that has plagued the cryptocurrency…
