7 0
Bitcoin Holds Above $90,000 Despite Venezuela Strikes and Market Liquidations
The US strikes on Venezuela are unlikely to cause a significant sell-off in Bitcoin. The event was planned and did not surprise market participants.
Bitcoin Market Dynamics
- Bitcoin remained stable above $90,000, with a small increase of 1.50%, reaching $91,320.
- About $60 million in Bitcoin positions were liquidated recently, predominantly from short positions.
Historical Context
- Past conflicts have led to quick price drops, as seen in June 2025 when Bitcoin fell 3% due to events in Tehran.
Federal Debt and Genesis Day
- The US national debt exceeded $38 trillion, coinciding with the celebration of "Genesis Day," marking Bitcoin's first block mining.
- Community figures like Paolo Ardoino and Sam Callahan highlighted Bitcoin's symbolic value against fiat currencies.
Market Reaction
- Some traders view the strike as a sign of market strength, potentially bringing positive momentum.
- The immediate response has been calm, with hedge funds and retail traders closely monitoring social media and onchain data.