The afterglow of the New Year's bell has not yet faded, and Bitcoin's price has already broken through the $90,000 mark, with the global cryptocurrency market capitalization increasing by nearly $100 billion in a single day. On the first trading day of 2026, the cryptocurrency market experienced a strong upward rally. As of January 3rd, Bitcoin's price broke through $90,000, reaching $90,302.96, up 2.03% in 24 hours. Ethereum followed closely, with its price surpassing $3,125.31, a gain of 4.27%. Meanwhile, traditional safe-haven assets gold and silver experienced a correction, with gold prices falling 4.82% from their high, and silver dropping 13.1% from its high. Market analysts point out that funds are flowing out of the overly crowded precious metals market into the relatively undervalued cryptocurrency market.