Bitcoin Maintains $90K Despite Rising Geopolitical Tension, Morgan Stanley Enters Crypto ETF Race: Weekly Recap

It was just a week ago when the overall landscape in the cryptocurrency market seemed rather dull, perhaps due to the Holiday season. However, that all started to change as early as Saturday morning when the US carried out successful attacks against Venezuela and captured its president and his wife before they transported them to New York to face local justice.

BTC had reclaimed the $90,000 level at the time, but the uncertainty about the attacks pushed it south to $89,300. Once the US confirmed the strikes and Trump made some controversial comments about Venezuela’s future, bitcoin actually rebounded and surged above $90,000.