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