Despite the US airstrikes on Venezuela, Bitcoin has remained stable above $90,000.
TL;DR
Despite US airstrikes on Venezuela causing geopolitical tensions, Bitcoin has stayed stable above $90,000, with analysts noting limited volatility and potential for short-term recovery.
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Odaily Odaily reports that amid escalating geopolitical tensions following the US military action against Venezuela, Bitcoin prices have remained relatively stable. Market data shows that Bitcoin briefly dipped below 90,000 USDT but quickly rebounded and returned to that level. Nic Puckrin, founder and market analyst at crypto media outlet Coin Bureau, stated that even with major geopolitical events, Bitcoin's price volatility remains limited, demonstrating resilience. Analyst Michaël van de Poppe points out that Bitcoin is currently trading above its 21-day moving average; if this level holds, it may help the price continue its recovery in the short term. Trader Lennaert Snyder believes that Bitcoin volatility may increase next week as institutional investors return to the market after the weekend. (Cointelegraph)