Bitcoin faces test after attack on Venezuela, analyst says

According to market observers, the U.S strikes on Venezuela early Saturday, Bitcoin is not expected to go into a major sell-off. The strikes took place around 6 a.m. UTC and lasted about 30 minutes, reports show.

Michael van de Poppe, founder of MN Trading Capital, wrote on Other analysts shared a similar view, saying dramatic moves usually happen when traders expect worse things to come.

Bitcoin: Market Movements and Liquidations

Based on reports, Bitcoin remained firmly above the $90,000 mark. CoinGecko’s data showed a 1.50% increase, putting the token at $91,320 at the time of publication.

CoinGlass figures indicate there was approximately $60 million in Bitcoin holdings liquidated during the previous 24 hours, with approximately $55 million coming from short bets. That kind of forced selling can increase volatility for a short period of time. Still, the broader pattern seemed muted this time.

Historic declines have happened quickly

There have been periods when conflicts pushed prices down rapidly. For example, in June 2025, Bitcoin fell almost 3%, falling from $106,000 to $103,000 within about 90 minutes of the Tehran explosions.

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Bitcoin is now trading at $91,563. Graphic: Trading view

Traders point out that sudden moves often follow when markets fear continued escalation. Here, many market watchers see less chance of follow-up actions that would increase panic.

Federal Debt and Genesis Day amid market noise

Based on reports, the US national debt crossed the $38 trillion mark on Saturday, along with the US National Debt clock making it almost $38.5 at the time. That milestone came as Bitcoin fans marked “Genesis Day,” the anniversary of the first block mined by Satoshi Nakamoto.

Paolo Ardoino, CEO of stablecoin issuer Tether, posted a celebratory message, while Sam Callahan, director of strategy and research at BTC treasury OranjeBTC, echoed the sentiment.

For many in the community, the Genesis block headline remains a symbol of a monetary system with limited supply and not subject to the same pressures as fiat.

Community response and context

Reports indicate that some in the crypto world were treating events like the strike and rising US debt as separate but related stories. Some traders said the strike could bring “green” to the markets as investors interpret decisive action as a sign of control, a view expressed by analyst Tyler Hill.

Others, meanwhile, emphasized that the market’s immediate reaction was calm rather than panicky. Social posts and onchain flows were closely watched by hedge funds and retail traders alike.

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Featured image from Unsplash, chart from TradingView



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