Bitcoin Steady at $90K Amid Trump Remarks on Venezuela, Maduro, and Mexico


Bitcoin Steady at K Amid Trump Remarks on Venezuela, Maduro, and Mexico


It was an eventful day in terms of geopolitical tension.

Bitcoin’s price has remained relatively stable over the past 24 hours despite the quick escalation on the United States-Venezuela front, the attacks from the Trump-led country, and the capture of the latter’s president.

Just minutes ago, the POTUS addressed the public after today’s developmentс, and even hinted at potential actions against Mexico.

BTCUSD Jan 3. Source: TradingView

CryptoPotato reported earlier today that the primary cryptocurrency dipped from almost $91,000 – its peak on Friday, to just under $89,300 after reports emerged about explosions in Venezuela’s capital, Caracas. Minutes later, the Trump administration confirmed the speculations that the US was behind the attacks.

Moreover, officials stated that Venezuela’s President, Nicolás Maduro, and his wife were captured and were being transported to the US. Attorney General Pamela Bondi said later that both had been indicted in the Southern District of New York, as Maduro was charged with Narco-Terrorism Conspiracy, Cocaine Importation Conspiracy, and several other similar counts.

During Trump’s first interview for the day with Fox News, the POTUS said Maduro tried to negotiate at the end, but he refused. He also said the US will be “strongly involved” in Venezuela’s oil industry from now on, according to reports from Walter Bloomberg.

He added that China won’t have a problem with this operation as they will get oil, even though Chinese officials had entered Venezuela hours before the attacks.

Interestingly, Trump also weighed in on the Mexico situation and explained that the country is heavily run by cartels as the border problems between the two nations continue. He warned that “something has to be done” if Mexico’s government was too afraid to act.

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Despite these macro developments taking place within less than a day, BTC’s price has remained relatively unfazed, aside from the brief dip mentioned above. It now trades at $90,000, which is essentially the same level as this time yesterday.

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