.webp)
US military action in Venezuela sparks crypto market volatility, with Bitcoin hovering near $90,000 amid global tension.
The crypto currency market faced some difficulties on January 6, 2026 in part due to the geopolitical turmoil surrounding the United States' military actions in Venezuela that influenced financial markets around the world. Bitcoin, like other crypto currencies is having a hard time staying calm as the situation continues to develop. To date, the crypto currency industry's total value is $3.145 trillion. That represents about 1% higher than yesterday and approximately $123.8 billion of activity occurred in 24 hours. While Bitcoin commands an impressive 56.9% of the total crypto currency capitalization, ETH is securing a smaller but still substantial market share at 11.9%.
Bitcoin's value is currently $89,655 and is within striking distance of crossing $90,000; however, Ethereum's price has increased by 1.6% today, compared to Bitcoin's price remaining approximately unchanged. Furthermore, Ethereum's performance, in contrast to Bitcoin's price, over the course of the past week has increased by 5.4%. Market volatility is attributed to President Trump's recent announcement regarding Venezuela. The President has announced that the U.S. military captured and extracted Venezuelan President Nicolás Maduro and his wife and will be holding a detailed news conference about the event at the Mar-a-Lago estate.
The traders understand that any sudden shift in geopolitical conditions may create a significant disruption in liquidity (market) and pricing (assets). This is especially true during this time of year due to traditionally low volumes and activity in the marketplace. For example, crypto market participants are currently seeing traditional "risk-on" and "risk-off" behavior and some stakeholders are now actively buying "higher-risk" assets such as memeoins. Given that news continues to come out about imminent or proceedings being made (militarily) by the US National Security Council, traders and investors will remain careful as further information becomes available on what the long-term impact may be on international stock markets.
.webp)
.webp)
