According to one cryptocurrency analyst, the likelihood of Bitcoin's price plummeting after a US military attack on Venezuela is "relatively low."
Despite Bitcoin's history of volatility during periods of geopolitical tension, the cryptocurrency's price is unlikely to plummet in the coming days following the US airstrike on Venezuela, according to one crypto expert.
“I don’t think we’re going to see a widespread Bitcoin correction just because of the attack on Venezuela,” Michael van de Poppe , founder of MN Trading Capital, Chia in a blog post on X on Saturday.
The US airstrikes on Venezuela reportedly took place around 6:00 AM (UTC) on Saturday and lasted approximately 30 minutes. Van de Poppe argues that this event will not directly impact the price of Bitcoin because it was a "planned and coordinated" attack and "has passed."
He assessed the likelihood of this event creating "further negativity for the market" as "quite low".
Bitcoin often struggles when geopolitical instability increases.
Over the past 24 hours, Bitcoin's price has been relatively stable, rising 1.66% to reclaim the $90,000 mark, trading around $91,290 at the time of writing, according to data from CoinMarketCap .
Also in the past 24 hours, the total value of leveraged Bitcoin positions liquidated reached $60.04 million, of which Short positions accounted for $55.01 million, according to data from CoinGlass .
Recently, there have been several instances of Bitcoin prices plummeting suddenly as geopolitical tensions escalate, including conflicts involving Iran and Israel or Russia and Ukraine.
Bitcoin shows the potential to "hold" above the $90,000 mark.
In June 2025, Bitcoin dropped 2.8%, from $106,042 to $103,053 in just 90 minutes following the bombings in Tehran, for which Israel later claimed responsibility.
Echoing van de Poppe's sentiment, analyst Tyler Hill stated: "Typically, markets only truly crash when people expect things to get worse afterward, which doesn't seem to be happening right now."
He added: "This development could even turn green in the market, as many see it as a sign of strength."
Meanwhile, analyst Shagun Makin noted that Bitcoin has proven its ability to withstand geopolitical turmoil, reinforcing the belief that the price could continue to remain above the $90,000 mark.
