Crypto markets steady as Trump claims US has captured Venezuela’s president
Key Takeaways
- President Donald Trump says Venezuela’s Nicolás Maduro has been captured after the US conducted a large-scale strike on the country.
- Cryptocurrency markets, including Bitcoin, Ether, and XRP, remain stable despite the news.
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Bitcoin and other digital assets showed little reaction after President Donald Trump confirmed that American forces had launched a major strike in Venezuela and captured President Nicolás Maduro.
In remarks issued in the early hours of Saturday, Trump said he would brief reporters at Mar-a-Lago later in the day, and emphasized that the operation was undertaken in cooperation with US law enforcement.
Bitcoin, Ether, and XRP held steady as traders digested news of the geopolitical escalation. Residents in Caracas reported multiple blasts and power outages while Venezuelan officials declared a national emergency.
The US has yet to respond publicly beyond Trump’s announcement. The action comes amid a backdrop of sanctions, drug-trafficking accusations, and increased American operations near Venezuelan territory.
The US had recently intensified pressure on Venezuela through measures, including naval blockades on sanctioned oil tankers. Maduro had previously expressed openness to dialogue with the US on combating drug trafficking.
This is a developing story.
