Bitcoin steadies near $89,000 as gold hits record and Asia stocks rise

• Bitcoin traded near $88,800 as global markets embraced risk, coinciding with record highs in gold and gains in Asian equities.
• Ether and other cryptocurrencies like XRP, Solana, and Dogecoin rose after a volatile period, while more than $576 million in crypto positions were liquidated.
• Gold reached an all-time high above $4,380 an ounce amid geopolitical tensions and expectations of Federal Reserve rate cuts in 2026.

Bitcoin traded near $88,800 on Monday as global markets leaned back into risk following record highs in gold and gains across Asian equities.

Ether climbed back above $3,000, while XRP, Solana and Dogecoin also edged higher after a volatile stretch that saw crypto prices swing sharply independent of stocks and commodities.

The steadier tone came as gold pushed to an all-time high above $4,380 an ounce, driven by growing bets that the Federal Reserve will deliver additional rate cuts in 2026.

The metal is on track for its strongest annual performance since 1979, supported by central-bank buying and persistent inflows into gold-backed exchange-traded funds.

Asian stocks advanced alongside the move in precious metals. The MSCI Asia Pacific Index rose more than 1%, led by technology shares, after a rebound in U.S. equities late last week helped calm global markets. U.S. equity futures were also higher.

Japan remained in focus after the Bank of Japan’s recent rate hike pushed government bond yields to multi-year highs. The yen strengthened after officials warned against excessive currency moves, while higher yields reinforced the shift away from years of ultra-loose policy.

Crypto followed the broader risk tone but remained fragile. Traders pointed to thin year-end liquidity and lingering leverage as factors keeping rallies in check.

Data from K33 Research shows long-term bitcoin holders are nearing the end of an extended selling phase, while institutional buyers have begun absorbing bitcoin faster than miners can produce it. Corporate treasuries and ETFs have increased purchases even after prices fell more than 30% from October highs.

Crypto continues to take cues from the macro backdrop — helped by rate-cut expectations and haven demand in gold, but restrained by the aftereffects of a deep fourth-quarter drawdown.

• As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
• GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
• Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

You are reading Crypto Week Ahead: a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain in the coming days, as well as the major macroeconomic events that will influence digital asset markets. For an updated daily email reminder of what's expected, click here to sign up for Crypto Daybook Americas. You won't want to start your day without it.

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.