Bitcoin Surpasses $91,000 Amid Geopolitical Developments in Venezuela
- Bitcoin traded at approximately $91,300, marking a rise of about 1.4% for the day and over 4% for the week.
- Ether increased by roughly 1% to near $3,150, with a weekly gain of about 7%.
- Solana rose by around 1.6%, achieving an over-8% increase in the past week.
- XRP hovered above $2, gaining about 0.6% on the day and nearly reaching a weekly increase of nearly 10%.
- Approximately $180 million in futures positions were liquidated within the last day, predominantly from short positions ($133 million).
The recent price movements followed significant political changes in Venezuela, including U.S. plans regarding its oil presence and Vice President Delcy Rodríguez assuming presidential powers after Nicolás Maduro’s ousting.
As Bitcoin surpassed $91,000 amidst these developments, traders reacted to geopolitical risks that can influence market volatility significantly.(Source)
