Bitcoin reclaims $94,000 as US stocks rise after Venezuela escalation
Beincrypto reports Bitcoin reclaimed $94,000 on Monday, ending nearly a month of range-bound trading, as US stocks opened higher after a dramatic escalation between Washington and Caracas.
Markets treated the episode as contained and decisive, keeping risk appetite intact and sending the S&P 500 back above 6,900 in early trading. Crypto largely tracked equities, with Bitcoin moving in line with risk assets rather than acting as a safe haven; there were no signs of panic selling or a surge in exchange inflows, and broader crypto markets posted modest gains.
Analysts cautioned the correlation may not hold if the situation worsens: any prolonged military involvement, regional spillover, or disruption to energy infrastructure could quickly reverse sentiment. Whether Bitcoin can push toward $100,000 will depend more on sustained equity optimism than on the Venezuela headlines alone.
Key Topics
Crypto, Bitcoin, Venezuela, Palantir, Washington, Caracas