The chances of Bitcoin’s price tumbling in the aftermath of the US military's The chances of Bitcoin’s price tumbling in the aftermath of the US military's
Bitcoin 'widespread correction' unlikely after US strike on Venezuela: Analyst
The chances of Bitcoin’s price tumbling in the aftermath of the US military's attack on Venezuela are "relatively slim," according to a crypto analyst.
Despite Bitcoin’s history of volatility during geopolitical tensions, its price is unlikely to fall in the coming days following the US strike on Venezuela, according to a crypto analyst.
“I don't think we'll see a widespread correction based on the attack in Venezuela on Bitcoin,” MN Trading Capital founder Michael van de Poppe said in an X post on Saturday.
The US strikes on Venezuela took place at around 6:00 a.m. UTC on Saturday and reportedly lasted for around 30 minutes. Van de Poppe anticipates the event will not directly affect Bitcoin’s (BTC) price because it was a “planned and coordinated attack” and one that has “already passed us.”
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