- Galaxy Digital (GLXY) last closed up 10.7% on Friday at $24.75.
- Bitcoin traded around $91,200 on Sunday, up about 1.3% from its previous close.
- Next catalysts: U.S. jobs report (Jan. 9), CPI (Jan. 13) and the Fed meeting (Jan. 27–28).
Galaxy Digital shares surged nearly 11% on Friday, ending the first trading day of 2026 with one of the sharper moves among crypto-linked U.S. stocks.
The jump matters because Galaxy sits at the intersection of crypto markets and public equities: investors often treat it as a liquid proxy for swings in digital-asset sentiment.
It also comes at the start of a week when traders will weigh weekend crypto price moves against a packed U.S. macro calendar that can shift interest-rate expectations and risk appetite.
Galaxy closed Friday at $24.75, up 10.7% from Thursday’s close, after trading between $22.41 and $24.88. Volume rose to about 7.1 million shares, roughly double the prior session. Galaxy Digital Inc.
The move tracked gains across crypto-exposed equities. Coinbase rose 4.6% on Friday, while bitcoin miners Marathon Digital and Riot Platforms jumped 10.2% and 12.0%, respectively.
Bitcoin itself was up about 1.3% at $91,200 in Sunday trading. Round numbers like $90,000 can matter because some traders treat them as informal support and resistance levels.
Broader U.S. equities also started the year on a firmer footing, helping higher-volatility names. Joe Mazzola, head of trading and derivatives strategy at Charles Schwab, described a “buy the dip, sell the rip” mentality in markets. Reuters
Galaxy describes itself as a digital assets and AI infrastructure firm, with businesses spanning institutional crypto services and data center operations. Its Helios campus in West Texas is designed for artificial intelligence and high‑performance computing workloads. Galaxy
But the same leverage that helps on up days can cut the other way. Crypto-linked equities often amplify moves in the underlying tokens, and a slide in bitcoin or a renewed rise in bond yields can quickly tighten risk appetite.
Technically, Friday’s close puts the stock back near the top of its recent range, with the session high just below $25 a share. Traders often watch whether a rally can hold above the prior day’s close before adding exposure. Yahoo Finance
The next macro tests are already dated: the U.S. employment report is scheduled for Jan. 9, followed by December CPI on Jan. 13, and the Federal Reserve’s Jan. 27–28 policy meeting. Bureau of Labor Statistics
