Amid U.S. airstrikes against Venezuela, Bitcoin remains steady above $90,000

robot
Abstract generation in progress

Odaily Planet Daily News: Amid the United States taking military action against Venezuela and rising geopolitical tensions, Bitcoin prices have remained relatively stable overall. Market data shows that Bitcoin temporarily fell below 90,000 USDT but quickly rebounded and retook that level. Nic Puckrin, founder of crypto media Coin Bureau and market analyst, stated that even in the event of major geopolitical incidents, Bitcoin’s price volatility remains limited, demonstrating some resilience. Analyst Michaël van de Poppe pointed out that Bitcoin is still trading above the 21-day moving average; if this level can be maintained, it may help support a continued recovery in the short term. Another trader, Lennaert Snyder, believes that as institutional investors gradually return to the market after the weekend, Bitcoin volatility could potentially increase next week. (Cointelegraph)

BTC3,33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • 1
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)