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.”

Read more

Market Opportunity
Talus Logo
Talus Price(US)
$0.00629
$0.00629$0.00629
-2.48%
USD
Talus (US) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.