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Bitcoin surged to a three-week high amid the capture of Maduro
On Monday, the price of bitcoin reached its highest level in the past three weeks, reacting to rising geopolitical tensions following a U.S. operation to oust and capture Venezuelan President Nicolás Maduro, Bloomberg reports.
At the start of the Asian session, the world’s largest cryptocurrency rose by 2.3% to $93,323. This is the highest level since December 11. However, by the time of publication, the cryptocurrency had declined to $92,560.
Events in Venezuela triggered capital inflows into traditional safe-haven assets, which this time also included bitcoin. Gold rose by 2%, surpassing $4,400 per ounce. Silver jumped by 4.8%.
At the same time, Asian stock markets are also hitting record highs, but their rally continues to be driven by the boom in technology and artificial intelligence.
According to Sean McNulty, a senior executive at FalconX, the current upswing is being driven by specialized crypto companies. An important factor has been the absence of active selling by miners, large family offices, and investment funds.
Bitcoin ended 2025 down 6.5%, missing the stock market’s “Christmas rally” despite Donald Trump’s pro-cryptocurrency policies. However, investor sentiment may shift. Traders are watching for a breakout above the $94,000 level. Key support is located at $88,000.
See also: "The Main Reason for the Rise in the Price of the Privacy Coin Zcash Has Been Named"
