US strikes in Venezuela on Saturday, lasting 30 minutes, are not expected to trigger a significant Bitcoin sell-off, according to market analysts. These experts believe the attack was anticipated and the market has already factored it in. Bitcoin has held steady above $90,000, even showing a slight increase at the time of publication. Some $60 million in Bitcoin positions were liquidated in the past 24 hours, primarily short bets, which can cause short-term volatility. Previous instances of conflict, like explosions in Tehran, led to faster price drops. However, this time, many analysts anticipate a calmer market response. The US national debt recently surpassed $38 trillion, coinciding with Bitcoin's "Genesis Day" anniversary. Crypto community members see these events as related, viewing Bitcoin as a hedge against fiat currency pressures. Some traders even suggest the strike's decisive nature could boost the market. The general consensus appears to be a muted reaction rather than widespread panic. Onchain data and social media sentiment are being closely monitored by traders. The market anticipates minimal follow-up actions that could cause further alarm.
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