Bitcoin, Ethereum, Dogecoin Prices Rise Amid U.S.-Venezuela Tensions and Fed Moves

The prices of Bitcoin, Ethereum, and Dogecoin are rising, with Bitcoin reaching up to $93,000. Several factors contribute to this market rally:

Increased risk sentiment following U.S.-Venezuela tensions.
A rise in the M2 money supply to $22.4 trillion, potentially channeling liquidity into cryptocurrencies.
The U.S. debt level reached $38.6 trillion, driving investors toward crypto assets as an inflation hedge.
Fed's Reserve Management Purchases (RMP) and quantitative easing measures boost crypto prices.
BitMEX co-founder Arthur Hayes predicts Bitcoin could surge to $200,000 due to Fed actions.
Liquidity injections from the New York Fed’s repo operations.

Bitcoin

Market analysts note large sell orders for Bitcoin between $92,000 and $95,000 on Binance, with potential to rally if it surpasses $95,000. Institutional demand is increasing, reflected by a significant daily net inflow of $471.14 million into Bitcoin ETFs on January 2.

Currently, Bitcoin is trading around $92,400, according to recent data.