Bitcoin and Ethereum prices rose to $92,000 and $3,100 respectively during the Asian trading session, driven by strong U.S. stock performance and declining oil prices. This movement suggests a growing institutional shift in the correlation between crypto assets and risk assets. In the options market, demand for $100,000 call options expiring on January 30, 2026, is increasing, while put skew is narrowing. However, frequent pullbacks in recent U.S. trading sessions highlight the need for cautious position management. Additionally, rumors regarding Venezuela's "shadow Bitcoin reserves" should be approached with caution.
Bitcoin and Ethereum Surge Amid Strong U.S. Stocks and Weak Oil Prices
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