On Monday, Bitcoin's price reached its highest level in three weeks.
Reflecting rising geopolitical tensions following the US operation to oust and capture Venezuelan President Nicolas Maduro, Bloomberg reports, on Monday, Bitcoin's price reached its highest level in three weeks.
At the start of the Asian session, the largest cryptocurrency rose 2.3%, reaching $93,323. This is the highest level since December 11. However, by the time this article was published, the cryptocurrency had fallen to $92,560.
Events in Venezuela have triggered an influx of capital into traditional safe-haven assets, which this time included Bitcoin. Gold rose 2%, exceeding $4,400 per ounce. Silver jumped 4.8%.
Meanwhile, Asian stock markets are also setting new all-time highs, but the boom in technology and artificial intelligence remains their driver. According to Sean McNulty, a senior manager at FalconX, the current rally is being driven by specialized crypto companies. A key factor was the lack of active selling from miners, large family offices, and investment funds.
Bitcoin ended 2025 down 6.5%, missing the "Christmas rally" in the stock market despite Donald Trump's pro-crypto policies. However, investor sentiment may change. Traders are monitoring a breakout of $94,000. Key support is at $88,000.