Crypto-linked stocks broadly outperformed, reflecting renewed risk appetite and Bitcoin’s sustained price strength. American Bitcoin (ABTC) led the rally with a 13.48% surge, followed by notable gains in GameSquare, Bit Digital, Coinbase, Robinhood, and Bitmine. Despite Bitcoin’s continued ascent, on-chain data points to weakening participation. Glassnode data shows spot trading volumes across Bitcoin and major altcoins have dropped to their lowest level since November 2023. Market depth has yet to recover fully from the October 2025 liquidation event, leaving liquidity fragile and prices increasingly sensitive to relatively small flows.
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The post [LIVE] Crypto News Today: Latest Updates for Jan. 06, 2025 – Crypto Stocks Rally as Wall Street Hits New Highs, but Bitcoin Liquidity Weakens appeared first on Cryptonews.
