Bitcoin price jumps above $94,000 as Coinbase stock rallies; payrolls report is next test

Bitcoin price jumps above $94,000 as Coinbase stock rallies; payrolls report is next test

New York, January 5, 2026, 17:15 EST — After-hours

Bitcoin jumped about 3.3% to $94,191 on Monday, trading near the top of its intraday range in late U.S. hours.

Traders pinned part of the move on a burst of risk-taking after the United States said it struck Venezuela and captured President Nicolás Maduro over the weekend. Some investors said markets often swing back to risk-on once a conflict begins, even as headline risk stays elevated. Reuters

U.S. stocks ended higher, with the Dow closing at a record, and crypto-linked shares advanced as bitcoin hit a more than three-week high, Reuters reported. Markets are pricing about 60 basis points — 0.60 percentage point — of Federal Reserve easing in 2026. Reuters

Economic signals stayed mixed. Data showed U.S. factory activity contracted further in December, while Minneapolis Fed President Neel Kashkari said monetary policy was near neutral and would depend on incoming data. Reuters

Other major tokens moved with bitcoin. Ether rose about 3.2% to $3,237 and XRP climbed about 11.5% to $2.33.

In after-hours trading, Coinbase was up about 7.8% at $254.92 and Strategy rose about 4.8% to $164.72. Bitcoin miners Marathon and Riot were up about 7.0% and 4.4%, while the iShares Bitcoin Trust ETF — a spot fund that tracks the token’s price — gained about 4.9%.

“Ousting Maduro is not a direct bullish catalyst” for bitcoin, Dean Chen, an analyst at crypto derivatives exchange Bitunix, told Investopedia. He said the episode still underlined crypto’s utility when sanctions and capital controls restrict moving money across borders. Investopedia

Coinbase also drew support after Goldman Sachs upgraded the stock to Buy and lifted its price target to $303, citing faster-growing infrastructure-style businesses such as custody and other services, Investing.com reported. Investing

But bitcoin remains prone to sharp reversals if bond yields rise or the Fed’s path shifts, and the Venezuela crisis adds another layer of geopolitical uncertainty. Crypto-linked stocks often magnify the token’s swings, cutting both ways.

Next up is Friday’s U.S. nonfarm payrolls report — the monthly count of jobs added outside agriculture — due Jan. 9 at 8:30 a.m. ET. Traders will also look ahead to the Fed’s Jan. 27-28 meeting for updated guidance. Bureau of Labor Statistics

Stock Market Today

  • Manhattan Associates valuation under scrutiny after share-price weakness
    January 9, 2026, 5:01 AM EST. Manhattan Associates (MANH) is trading at US$173.70 after a period of weak price action. The stock has fallen about 12% in the last 90 days and -36% over 12 months, while a 3-year return remains +43%. The company posted annual revenue of US$1,066.8 million and net income of US$216.0 million. The stock trades at a P/E (price-to-earnings ratio) of 48.5x, above the US software industry average of 32.7x and peer average of 41x, signaling a premium. A DCF (discounted cash flow) model yields a fair value of US$252.07 per share, implying the shares look undervalued on that basis. Risks include slowing revenue and earnings growth, which could pressure the premium. Investors must weigh whether the earnings multiple or cash flow is more predictive.
Silver price stock SLV jumps 5% as Venezuela strikes lift bullion; payrolls next
Previous Story

Silver price stock SLV jumps 5% as Venezuela strikes lift bullion; payrolls next

XRP price today jumps 11% as Ripple-linked token leads crypto rebound — what traders watch next
Next Story

XRP price today jumps 11% as Ripple-linked token leads crypto rebound — what traders watch next

Go toTop