On January 6, 2025, the cryptocurrency market witnessed a notable uplift in crypto-linked stocks, propelled by a renewed risk appetite as Wall Street achieved new record highs. Leading this charge was American Bitcoin (ABTC), which experienced a remarkable increase of 13.48%. Other notable performers included GameSquare, Bit Digital, Coinbase, Robinhood, and Bitmine, all reflecting the positive sentiment in the overall financial markets.
Despite the encouraging performance of these stocks, there are concerns regarding the strength of Bitcoin liquidity. Recent on-chain data from Glassnode indicates a significant decline in spot trading volumes across Bitcoin and major altcoins, reaching the lowest levels seen since November 2023. This reduction in trading activity raises questions about market participation and liquidity dynamics.
Furthermore, the market depth has yet to fully recover from the substantial liquidation event that occurred in October 2025. As a result, the current liquidity situation appears fragile, making prices increasingly susceptible to fluctuations caused by relatively minor trading flows.
As the day progresses, the crypto community is keenly observing these developments, particularly the interplay between stock performance and Bitcoin“s liquidity situation. Investors and analysts alike are watching for any further indicators that might shed light on whether this stock rally can be sustained in the face of decreasing trading volumes.
For ongoing updates and detailed coverage of the evolving crypto landscape, readers are encouraged to stay tuned as the situation develops.
