Despite recent US airstrikes on Venezuela, analysts are largely optimistic that Bitcoin will avoid a significant market downturn. Market observers suggest the carefully planned nature of the attack, which occurred early Saturday UTC and lasted approximately 30 minutes, has already been factored in by traders, mitigating the risk of a widespread correction.
Bitcoin's Resilient Stance Amidst Tensions
Bitcoin demonstrated resilience, maintaining its position above the $90,000 threshold. Data from CoinGecko revealed a modest 1.50% increase, pushing the cryptocurrency to $91,320 at the time of publication. Michael van de Poppe, founder of MN Trading Capital, articulated on social media that he foresees no major market correction stemming from the Venezuelan events. This sentiment is echoed by other analysts, who note that dramatic market shifts typically manifest when future negative developments are anticipated, a scenario not currently seen for this incident. Further analysis by CoinGlass indicated around $60 million in Bitcoin positions were liquidated over the preceding 24 hours, with a substantial $55 million coming from short bets. While such forced selling can briefly amplify volatility, the overall market reaction appeared subdued this time.
Historical Precedents and Crypto Community's Outlook
Historically, geopolitical conflicts have triggered rapid price drops; for instance, Bitcoin plunged nearly 3% in June 2025 following explosions in Tehran. However, traders emphasize that the current situation lacks the fear of ongoing escalation that often precedes such sharp declines. The market developments unfolded concurrently with "Genesis Day," marking the anniversary of the first Bitcoin block mined by Satoshi Nakamoto. This symbolic day arrived as the US national debt surpassed $38 trillion, a milestone that, for many in the crypto community, underscored Bitcoin's value as a finite and uninflated monetary system, starkly contrasting with fiat currencies. Prominent figures like Paolo Ardoino, CEO of Tether, and Sam Callahan of OrangeBTC, publicly celebrated Genesis Day, reflecting the community's steadfast belief in Bitcoin's foundational principles. Analyst Tyler Hill further suggested that decisive actions, even in geopolitical contexts, could paradoxically be perceived as a sign of control by investors, potentially introducing positive sentiment into the market.
