Bitcoin tops $91,000 with ether, dogecoin higher amid U.S. action on Venezuela
Bitcoin surpassed $91,000, with other major cryptocurrencies rising amid US political actions concerning Venezuela.Summary
Bitcoin climbed above $91,000 on Sunday, extending the early 2026 rebound, with Ether, Solana, and Cardano also posting gains, partly driven by geopolitical headlines regarding Venezuela.
Bitcoin traded near $91,300, up 1.4% on the day, while Ether neared $3,150. This rally followed a significant liquidation flush that cleared crowded short positions, suggesting traders were caught leaning against the upward price movement.
The market reaction was linked to fast-moving political developments in Venezuela, where the US signaled plans for involvement after President Nicolás Maduro was reportedly taken into US custody and Vice President Delcy Rodríguez assumed acting presidential powers. Crypto traders often view such headlines as volatility catalysts, and the ensuing forced covering amplified the price surge in thinner liquidity.
(Source：CoinDesk)