Bitcoin Unlikely to See Widespread Drop After US Strike on Venezuela

TLDR

• Bitcoin continues to trade above $90,000 despite the recent US military strike on Venezuela.
• Crypto analyst Michael van de Poppe said the attack was already priced in and will not impact Bitcoin.
• The US conducted airstrikes on Venezuela early Saturday for approximately 30 minutes.
• Analysts believe there is a low chance of further market decline following the strike.
• Bitcoin rose 1.66% in the last 24 hours and reached $91,290 according to CoinMarketCap.

Bitcoin continues to show strength above the $90,000 mark despite fresh geopolitical concerns following a United States military strike on Venezuela, and according to analysts, the digital asset is not expected to face a sharp downturn in the near term, with market reactions appearing limited in scope.

Crypto Analyst Downplays Correction Risk After US Strike

Michael van de Poppe, founder of MN Trading Capital, stated that Bitcoin is unlikely to experience a broad correction due to the US airstrike.

He posted on X that the military action, which occurred early Saturday, was already priced into markets and will not shake Bitcoin.

He added that it was a “planned and coordinated attack” and the event had “already passed us,” suggesting minimal market reaction.

The US conducted the airstrikes around 6:00 a.m. UTC and reports say the strikes lasted for about 30 minutes.

Van de Poppe argued that the possibility of further market stress from the event remains “relatively slim” in the current conditions.

Bitcoin Remains Above $90,000 With Low Volatility

Bitcoin held steady and rose 1.66% in the last 24 hours, reclaiming the $90,000 level and trading at $91,290, per CoinMarketCap.

Market data also shows $60.04 million in Bitcoin leveraged positions were liquidated during the same period, CoinGlass reported.

Short positions represented the majority of the liquidations, totaling $55.01 million, while longs accounted for the remaining amount.

Despite geopolitical tensions, Bitcoin’s price stayed firm without large fluctuations, maintaining support levels.

Crypto analyst Shagun Makin emphasized that Bitcoin has shown resilience, stating it can “stay firm” above $90,000 despite such events.

The data signals a lack of panic in the market, even after events involving military action.

Previous Tensions Show Mixed Market Responses

Geopolitical events have triggered Bitcoin sell-offs in the past, such as the June 2025 incident involving Israel and Iran.

During that time, Bitcoin dropped 2.8% within 90 minutes, falling from $106,042 to $103,053 following explosions in Tehran.

However, analysts believe this situation differs, with no immediate signs of market fear or risk-off sentiment taking hold.

Tyler Hill, another analyst, stated, “Generally the market really nukes when we expect things to get worse afterwards, which doesn’t seem to be the case.”

He suggested that the event could “actually bring some green to the market,” viewing the current price action as a sign of strength.

As of now, Bitcoin remains stable, and analysts do not anticipate any severe reactions linked to the Venezuela incident.

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