ExxonMobil(US:XOM) Benzinga·2026-01-06 02:00Cryptocurrency Market Overview - Leading cryptocurrencies experienced a rally, with Bitcoin increasing by 1.24% to $93,914.81 and Ethereum rising by 1.20% to $3,224.39 [2] - XRP saw a significant gain of 11.80%, reaching $2.37, while Solana and Dogecoin also posted modest increases [2] - Bitcoin's trading volume surged by 68% in the last 24 hours, with the cryptocurrency rising approximately $6,000 since the U.S. began military operations in Venezuela [3] Market Dynamics - Over $450 million was liquidated from the cryptocurrency market in the last 24 hours, with approximately $362 million in short positions being erased [4] - Bitcoin's open interest increased by 2.87%, and more than 50% of Binance traders with open BTC positions were long [4] - The global cryptocurrency market capitalization rose to $3.20 trillion, reflecting a 2.28% increase in the last 24 hours [5] Stock Market Performance - The stock market also rallied, with the Dow Jones Industrial Average gaining 594.79 points (1.23%) to close at a record high of 48,977.18 [6] - Energy stocks led the rally, particularly Chevron Corp. and Exxon Mobil Corp., which closed up 5.10% and 2.21%, respectively, following positive developments in Venezuela's oil industry [7][8] Future Predictions - Analysts predict that Bitcoin could push toward $105,000, while Ethereum may test $3,600, as traders navigate inflation risks and the long-term adoption narrative of cryptocurrencies [10] - A crucial support level for Bitcoin is identified around $90,000 to $91,000, which must hold for a potential test at $100,000 [11]