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Crypto Markets Hold Steady: Bitcoin Above $92K, Monero Soars, Altcoins to Watch This Week

Written by SimpleDigitalWorld

12.01.2026

5 min read

Despite a modest overall market uptick, key sectors like AI, DePIN, and privacy coins are powering ahead — here’s what you need to know now.

Bitcoin Holds Strong Above $92K

Bitcoin (BTC) continues to demonstrate resilience, trading above the $92,000 mark with a 1.6% gain in the last 24 hours. This sustained momentum highlights investor confidence despite broader market caution. The move follows BTC’s recent 12% breakout, which continues to show signs of long-term strength even as short-term resistance persists.

Key insight: Historical patterns suggest further upside as short-term selling pressure diminishes, although resistance levels remain prevalent around current highs.

Ethereum and AI-Driven Sectors Rally

Ethereum (ETH) also joined the uptrend, gaining 2.1% to trade around $5,020. Meanwhile, sectors linked to Artificial Intelligence (AI) and Decentralized Physical Infrastructure Networks (DePIN) are seeing selective rallies — a sign of investor focus shifting toward real-world utility and innovation.

Why it matters: The ongoing surge in these sectors reflects a maturing crypto market, where utility and protocol fundamentals are starting to matter as much as price speculation.

Global Market Snapshot

The total crypto market capitalization edged up 0.6% to $3.2 trillion, according to CryptoNews. While promising on the surface, it’s worth noting that 63 of the top 100 coins were in the red over the past day — indicating a highly selective rally rather than a broad-based surge.

Pro tip: In a sideways market, winners are often tied to sector-specific narratives or protocol milestones. Keep an eye on sectors like AI and privacy coins.

Monero (XMR) Explodes to New Highs

Monero (XMR) has been on a tear, surging over 35% in the past week to hit an all-time high near $598. However, the rally is not without challenges. Analysts warn of a potential long-squeeze risk as the coin approaches price discovery zones.

Actionable insight: Traders should monitor leverage ratios and volume indicators. While Monero’s momentum is strong, rapid gains often invite volatility.

Altcoins to Watch This Week

According to BeInCrypto, several altcoins are poised for movement amid upcoming protocol upgrades and network improvements:

  • Altcoin A – Set for a major mainnet launch this week.
  • Altcoin B – Gaining traction due to DeFi integration.
  • Altcoin C – Attracting attention for its upcoming governance vote.

These projects could benefit from increased volume and attention as January progresses.

Market Volume Remains Cautious

Despite sector-specific gains, total trading volume remains moderate at $87.2 billion, hinting at a cautious stance among retail and institutional investors. This may reflect a wait-and-see approach as macroeconomic conditions remain uncertain and regulatory developments loom.

CTA: Stay Ahead of the Curve

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CTA: Share Your Portfolio Strategy

What’s your play this week? Are you going long on AI tokens or taking profits on Monero? Join the conversation on our crypto forum and share your strategy with fellow traders.

Conclusion

While the broader market shows modest gains, strength in Bitcoin, Ethereum, and privacy coins like Monero signals an ongoing rotation into narratives with strong fundamentals. Keep a close eye on sector-specific developments — they may unlock your next big opportunity in this maturing bull cycle.

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