Bitcoin’s spot price remains solid despite US attacks on Venezuela

Bitcoin Price (BTCThe price of the remained stable at $90,000.

Bitcoin briefly fell below $90,000 The stock rose to $90,000 on Saturday and then climbed above that level.

“The US bombed a country and captured its leader, on a weekend no less, and yet Bitcoin has barely moved,” Nic Puckrin said that he is the market analyst at Coin Bureau and founder of its crypto media. post. 

BTC trades above the 21 day moving average. If it remains above this dynamic short-term level of support, then it indicates continued price growth in January. according to market analyst Michaël van de Poppe.

BTC’s recent price stability is notable because BTC tends to be a risk asset that records sudden gains. declines in response to geopolitical crises There are macroeconomic forces that can be considered as headwinds. 

Related: US national debt crosses $38.5T, as Bitcoiners celebrate ‘Genesis Day’

US President Trump announced an attack against Venezuela. Will it escalate?

US President Donald Trump announced On Saturday, airstrikes were launched on Venezuela’s Caracas capital, culminating with the capture of Venezuelan President Nicolas Maduro.

Mixed reactions were received online. They ranged from support The following are some of the ways to get in touch with us: condemnationThe financial markets have not been affected by this.

“There’s a lot of geopolitical tension, and next week the big players will return. So we’ll probably see more volatility in Bitcoin after the weekend,” Lennaert Snyder is a crypto analyst and trader. said.

Typically, institutional investors on traditional financial markets don’t operate weekends, holidays, or nights. They could react by selling assets at Monday’s US open and increasing market volatility.