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Bitcoin Tops $90K In Asia
Benzinga
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9 hours ago
Bitcoin climbed above $90,000 in Asia trading as short-term retail futures activity lifted crypto prices, even as the market lagged the recent stock rally and remains pressured by earlier liquidations.
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00:00
It's Benzinga bringing Wall Street to Main Street.
00:02
Bitcoin rose above $90,000 during Asia trading on Monday after missing a Santa rally that
00:07
pushed stocks to record highs, according to Bloomberg. The token climbed as much as 3.1%
00:13
to more than $90,200 in Singapore, according to Bloomberg data. Ether also advanced,
00:20
rising as much as 4% to top $3,000. Bitcoin lagged recent equity gains as the S&P 500 rallied into
00:27
Christmas. The broader crypto market remains pressured after a sell-off that began in October
00:32
following the liquidation of about $19 billion in leveraged positions. ReserveOne said current
00:38
gains appear tied to short-term retail futures activity. CryptoQuant data shows funding rates
00:43
at the highest level since October 18th. Bitcoin is down about 4% in 2025.
00:49
For all things money, visit Benzinga.com.
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