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Bitcoin Price Remains Close to $90K as Trump Claims Maduro Was Captured: Weekend Watch

BTCUSD Jan 3. Source: TradingView

Bitcoin’s worth rally that began on Friday morning drove it to a multi-week peak of $91,000, the place the asset was rejected and pushed south, particularly because the newest geopolitical improvement between the US and Venezuela.

Many altcoins have carried out loads higher on a each day scale, together with a number of the meme coin reps, such as DOGE and PEPE.

BTC to Face More Volatility?

After being one of many few world belongings to end 2025 in the red, bitcoin’s worth lastly began to present some revival indicators on January 2. Following a quiet January 1, during which it remained sideways between $87,000 and $88,000, the cryptocurrency went on the offensive yesterday and broke previous $90,000 for the primary time in a few week.

This time, the bulls saved the strain on and drove it even additional north to a multi-week peak of $91,000. However, that was as far as BTC would go, at the least for now, and it shortly retraced to $90,000. It added a number of hundred {dollars} late on Friday, however the explosions in Venezuela’s capital on Saturday morning halted its progress.

Bitcoin dipped to $89,300 however now sits nearer to $90,000 after US President Donald Trump confirmed that his nation’s army was behind the strikes in opposition to Caracas. Moreover, he added that the US captured Venezuela’s President Nicolás Maduro and his spouse, who had been flown in another country.

A press convention is predicted later immediately, which may end in extra volatility within the crypto market, provided that it’s the one monetary market open immediately. For now, BTC’s market cap has neared $1.8 trillion, whereas its dominance over the alts is under 57% on CG.

BTCUSD Jan 3. Source: TradingView
BTCUSD Jan 3. Source: TradingView

Alts See Green

Ethereum has reaffirmed its place nicely above $3,000 and even trades shut to $3,100 now. XRP surpassed BNB by way of market cap after a 6% surge to $2.00. ADA and BCH have elevated by comparable percentages immediately.

Dogecoin has rocketed by over 10% and trades north of $0.14. PEPE is the opposite notable meme coin gainer, having surged by one other 15% to $0.000006. Nevertheless, MYX has stolen the present with an 85% pump immediately to virtually $7.

The complete crypto market cap has added round $80 billion since January 1 and now sits at $3.145 trillion on CG.

Cryptocurrency Market Overview Daily January 3. Source: QuantifyCrypto
Cryptocurrency Market Overview Daily January 3. Source: QuantifyCrypto

 

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