Bitcoin Faces Test After Venezuela Attack, But Analyst Sees No Major Pullback

According to market observers, the US

Bitcoin Faces Test After Venezuela Attack, But Analyst Sees No Major Pullback

Bitcoin Faces Test After Venezuela Attack, But Analyst Sees No Major Pullback

According to market observers, the US strikes

Bitcoin is now trading at $91,563. Chart: TradingView

Traders point out that sudden moves often follow when markets fear ongoing escalation. Here, many market watchers see less chance of follow-up actions that would deepen panic.

Federal Debt And Genesis Day In The Middle Of Market Noise

Based on reports, the US national debt passed $38 trillion on Saturday, with the US National Debt Clock placing it near $38.5 at the time. That milestone came as Bitcoin fans marked “Genesis Day,” the anniversary of the first block mined by Satoshi Nakamoto.

Paolo Ardoino, CEO of stablecoin issuer Tether, posted a celebratory message, while Sam Callahan, director of strategy and research at BTC treasury firm OranjeBTC, echoed the sentiment.

For many in the community, the headline embedded in the Genesis Block remains a symbol of a monetary system capped in supply and not subject to the same printing pressures as fiat.

Community Reaction And Context

Reports have shown some in the crypto space treated events like the strike and the rising US debt as separate but related stories. A few traders said the strike could bring “green” to markets as investors interpret decisive action as a sign of control, an outlook voiced by analyst Tyler Hill.

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Meanwhile, others emphasized that the immediate market response has been calm rather than panicked. Social posts and onchain flows were watched closely by hedge funds and retail traders alike.

Featured image from Unsplash, chart from TradingView

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