TechFlow news, on January 4, according to Cointelegraph reports, cryptocurrency analysts believe that although Bitcoin has historically shown volatility amid geopolitical tensions, its price is unlikely to decline in the near term following the U.S. military strike on Venezuela.
Michael van de Poppe, founder of MN Trading Capital, stated: "I don't think we will see a broad correction in Bitcoin based on the U.S. attack on Venezuela." He explained that this was a "planned and coordinated attack" and has already passed, so the possibility of the event having a "more negative impact" on the market is "relatively small."
Currently, Bitcoin's price remains relatively stable, having risen 1.66% in the past 24 hours, reclaiming the $90,000 mark, with a trading price of $91,290.
