Crypto Markets Push Higher as Bitcoin Hits $90K Amid Venezuela War Escalation
Bitcoin hits $90K as crypto markets climb, with geopolitical tensions in Venezuela adding to risk-driven demand.
The crypto market continues to move higher, with $Bitcoin reaching the $90,000 level and pushing total crypto market capitalization upward. The broader market tone remains risk-on, supported by strong momentum and renewed capital inflows with the new year.
Crypto market cap in USD over the past week - TradingView
At the same time, geopolitical developments are adding another layer of uncertainty to global markets.
Venezuela War Adds a Geopolitical Catalyst
According to statements from Donald Trump, the United States has captured Nicolás Maduro and his wife and launched what were described as large-scale strikes against Venezuela. If tensions continue or escalate further, markets could increasingly price in geopolitical risk.
Historically, periods of conflict and capital controls have pushed individuals and businesses toward alternative financial systems. In such environments, cryptocurrencies are often viewed as a hedge against instability, currency restrictions, and disrupted banking access.
How Markets Could React Next
If the situation in Venezuela worsens:
- Crypto demand could increase, particularly in regions facing currency or banking stress
- Bitcoin may benefit as a neutral, borderless asset, especially during heightened uncertainty
- Volatility is likely to rise, with fast reactions across risk assets
Combined with already strong momentum, geopolitical stress could act as an additional short-term tailwind for crypto prices.
Rudy Fares
Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.
