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Bitcoin Holds Steady Above $90,000 Amid US Airstrikes on Venezuela

2026-01-04 04:34

Odaily News Amid escalating geopolitical tensions following US military action against Venezuela, Bitcoin's price has shown relative stability overall. Market data indicates that Bitcoin briefly dipped below 90,000 USDT but quickly recovered and reclaimed levels around that mark. Nic Puckrin, founder of crypto media outlet Coin Bureau and a market analyst, noted that Bitcoin price fluctuations remain limited even amid significant geopolitical events, demonstrating a degree of resilience. Analyst Michaël van de Poppe pointed out that Bitcoin is currently trading above its 21-day moving average; maintaining this level could help extend the price recovery trend in the short term. Another trader, Lennaert Snyder, believes that as institutional investors gradually return to the market after the weekend, Bitcoin's volatility may still increase next week. (Cointelegraph)