Despite geopolitical tensions between the US and Venezuela, the price of Bitcoin remained steady around $90,000. BTC briefly dipped below $90,000 before climbing back up. Analysts note that BTC staying above the 21-day moving average indicates potential price appreciation in January. Risk-on assets like BTC usually react to geopolitical crises, but BTC didn’t. US President Trump announced airstrikes on Venezuela, capturing President Maduro, but reactions were mixed. Financial markets didn’t react much, but volatility may increase post-weekend as institutional investors return. BTC has seen recent price declines due to a flash crash in October, dropping over 30% from its all-time high above $125,000.
Read more at Cointelegraph: Bitcoin’s Spot Price Remain Solid Despite US Attack on Venezuela
