05.01.2026 10:20
The increasing geopolitical uncertainty following the U.S. operation for the detention of Nicolas Maduro has boosted demand for cryptocurrencies. Bitcoin tested the level of $93,221, rising to a three-week high, while limited movement was observed in Ethereum and altcoins.
The U.S. operation aimed at the detention of Venezuelan President Nicolas Maduro over the weekend raised risk perception in the markets. In an environment of heightened political tension, investors turned to crypto assets, with Bitcoin testing the $93,221 level, reaching a three-week high with an increase of up to 2.3% in the morning hours.
BITCOIN AT A THREE-WEEK HIGH
As the day progressed, Bitcoin gave back some of its gains but still maintained a positive outlook. It was noted that Bitcoin was trading around $92,580.78, with an increase of 1.48%. Market players pointed out that the rise in geopolitical risks supported the demand for Bitcoin.
Despite the rise in Bitcoin, more limited movements were observed in Ethereum and other crypto assets. Ethereum rose to the $3,161 level with a 0.6% increase. In the altcoin market, it was stated that selective purchases stood out instead of a broad-based rally.