Odaily Planet Daily News: Amid the United States taking military action against Venezuela and rising geopolitical tensions, Bitcoin prices have remained relatively stable overall. Market data shows that Bitcoin temporarily fell below 90,000 USDT but quickly rebounded and retook that level. Nic Puckrin, founder of crypto media Coin Bureau and market analyst, stated that even in the event of major geopolitical incidents, Bitcoin’s price volatility remains limited, demonstrating some resilience. Analyst Michaël van de Poppe pointed out that Bitcoin is still trading above the 21-day moving average; if this level can be maintained, it may help support a continued recovery in the short term. Another trader, Lennaert Snyder, believes that as institutional investors gradually return to the market after the weekend, Bitcoin volatility could potentially increase next week. (Cointelegraph)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Cash Battles $459 Resistance as Massive Sell Walls Stack Toward $650
BCH is trading at $455.86 close to the resistance range of $459.20 with the support level of $447.44.
The chart data indicates that the chart has strong resistance levels at around $520, $580 and $650 which restricts the momentum on short term upside.
Following a sharp fall, price
CryptoNewsLand10m ago
Bitcoin and XRP Hold Gains as Regulatory Debate Shapes Market Outlook
Bitcoin and XRP maintained steady prices on Sunday as the broader cryptocurrency market posted modest gains. The recovery followed renewed buying activity and stronger market sentiment across major digital assets. Meanwhile, political debate in Washington over crypto regulation added a new layer
CryptoBreaking56m ago
Steak 'n Shake Credits Bitcoin Payments as Same-Store Sales Rise ‘Dramatically’
Steak ‘n Shake is leaning deeper into bitcoin, tying customer payments, employee bonuses, and a growing BTC treasury into a strategy the company says is boosting sales and reshaping its financial model.
Steak ‘n Shake Expands Burger-to- Bitcoin Strategy
Growing corporate experimentation with bitc
Coinpedia1h ago
Metaplanet Lines Up $255M in Funding As It Pursues 210,000 BTC
Metaplanet said Monday that it has secured roughly $255 million from global institutional investors through a third-party private placement, a fresh infusion meant to accelerate the company’s aggressive plan to amass 210,000 bitcoins.
The capital raise consists of newly issued shares sold at a
BlockChainReporter1h ago
