Bitcoin barrels toward historic January as crypto market jumps by $280 billion

Bitcoin is set for a decade-best January with bets that monetary tightening and crypto crises are both receding.
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By Joanna Ossinger

Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing.

The largest token is up over 40% since the turn of the year, a first-month gain bettered only twice before when crypto was in its infancy. Smaller coins like Solana, Axie Infinity and Decentraland have doubled in value, part of a $280 billion January climb in digital assets overall, CoinGecko figures show.

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