US officials confirmed that Trump ordered strikes against targets in Venezuela, causing a pullback in the crypto market.

[US Officials Confirm Trump Orders Strikes on Venezuelan Targets, Crypto Markets Retreat] Mars Finance reports that on January 3rd, after 2 PM Beijing time, a massive explosion was heard in Caracas, the capital of Venezuela, triggering air raid sirens and causing power outages in the southern part of the city near a large military base. This event may have caused a slight pullback in the cryptocurrency market. According to a post on social media by a CBS reporter, US officials revealed that President Trump has ordered strikes on targets in Venezuela, including military facilities. The post stated, "This marks an escalation of the Trump administration's pressure on the Maduro regime early Saturday morning."