Bitcoin Holds $90K Despite Venezuela Crisis

Bitcoin Holds $90K Despite Venezuela Crisis

> At a Glance

> – Bitcoin reclaimed and held $90,000 after US military action in Venezuela

> – XRP surged 10.8% while BTC dominance slipped below 57%

> – Supreme Court tariff ruling expected to spark fresh volatility

> – Why it matters: Crypto markets show resilience amid geopolitical shocks

Bitcoin weathered a turbulent first full week of 2026 as military strikes on Venezuela rattled traditional markets but left crypto relatively unfazed.

Venezuela Shockwave

Saturday’s US capture of Venezuela’s president initially pushed BTC from $90,000 to $89,300. Once President Trump confirmed the operation and floated plans to open Venezuela’s oil reserves, bitcoin reversed to $95,000-its highest level in two months.

Bears quickly capped the rally. By mid-week BTC had slipped back under $89,500 before stabilizing just above the $90,000 mark.

Altcoins Outperform

While bitcoin clings to a 1.2% weekly gain, several large-cap alts have sprinted ahead:

  • XRP: +10.8% (halted at $2.40)
  • SOL, ADA, XMR, XLM, DOGE, BCH: all posting stronger weekly returns
maintains
Metric Value
BTC Dominance 56.8%
Market Cap $3.18T
24h Volume $108B

Key Takeaways

  • Bitcoin’s recovery above $90,000 is labeled “structurally healthy” despite renewed selling pressure
  • Morgan Stanley filed for BTC, SOL, and ETH ETFs, marking the latest Wall Street crypto push
  • Supreme Court decision on Trump’s tariffs due later today-traders expect sharp intraday swings

Crypto markets enter the weekend bruised but unbroken, with traders now eyeing Washington for the next catalyst.

Author

  • My name is Sophia A. Reynolds, and I cover business, finance, and economic news in Los Angeles.

    Sophia A. Reynolds is a Neighborhoods Reporter for News of Los Angeles, covering hyperlocal stories often missed by metro news. With a background in bilingual community reporting, she focuses on tenants, street vendors, and grassroots groups shaping life across LA’s neighborhoods.

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