Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Trump's latest statement on the Venezuela situation has mainly triggered two concerns in the crypto circle:
First, whether the prospects of the oil-backed currency will change; second, whether the flow of crypto funds in Latin America will be affected.
Let's start with the oil-backed currency.
As a national digital currency issued by Venezuela anchored to its oil reserves, its fate has always been closely tied to the political environment. Trump has explicitly stated that he is not seeking to overthrow the current power structure, which means that the policies related to the oil-backed currency are likely to remain stable in the short term, and the operational system will not undergo major adjustments for now, resulting in limited immediate market impact.
Now, looking at the Latin American market.
Latin America itself is a region where cryptocurrency usage and trading are relatively active. If the political situation in Venezuela remains relatively stable, the local demand for funds to flow into mainstream assets like Bitcoin and Ethereum as a safe haven may cool down, so in the short term, there has been no significant push on the prices of mainstream coins.
However, the market remains cautious.
If the situation fluctuates again, funds in Latin America could quickly shift to crypto assets seeking safety, potentially causing phased market volatility.
Overall, this event is still considered a regional political development and has not yet had a substantial impact on the entire crypto market. Most investors see it as a background variable; what truly requires ongoing attention are Venezuela's subsequent crypto policies and the actual operation of the oil-backed currency. #ETH走势分析 #今日你看涨还是看跌? $BTC $ETH