Altcoins heat up as Bitcoin nears breakout, with privacy-focused DASH surging 63% to reach highest level since Nov. 27.

Bitcoin rose above $92,000 with daily trading volume increasing 25% to $37 billion. The next major test is $94,500, a breakout above which could signal a trend reversal. Altcoin market heats up with DASH surging 63% and potentially benefiting from political and economic turmoil in nations like Venezuela and Iran. Derivatives positioning shows a choppy trading environment with $180 million in liquidated leveraged futures bets and a drop in open interest in BTC and ETH futures.