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Watch Nigeria > Blog > FinTech > BTC surges above $91,000 as Trump ousts Venezuela dictator
FinTech

BTC surges above $91,000 as Trump ousts Venezuela dictator

Last updated: January 4, 2026 7:23 am
Terfa Ukende
5 days ago
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BTC surges above ,000 as Trump ousts Venezuela dictator
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Bitcoin climbed above $91,000 on Sunday as merchants prolonged the early 2026 rebound throughout main tokens, with ether, solana and cardano posting broad good points as geopolitical headlines out of Venezuela added to threat urge for food.

Bitcoin traded round $91,300 in Asian morning hours, up about 1.4% on the day and greater than 4% over seven days. Ether rose roughly 1% to close $3,150 and is up about 7% on the week, whereas solana gained about 1.6% and has climbed greater than 8% over seven days. XRP hovered simply above $2, rising about 0.6% on the day and practically 10% over the week, whereas cardano was modestly increased on the day and up about 8% in seven days.

The transfer adopted a pointy liquidation flush that cleared crowded positioning and reset close to time period leverage.

Information confirmed roughly $180 million in futures positions liquidated over the previous 24 hours, with about $133 million coming from shorts and $47 million from longs. The imbalance suggests merchants have been caught leaning towards the rally, forcing buybacks as costs pushed increased.

Sunday’s good points additionally got here as merchants reacted to a fast paced political scenario in Venezuela.

President Donald Trump mentioned the U.S. plans to “run” Venezuela, whereas the White Home provided few particulars on what that may entail. Venezuela’s Supreme Courtroom granted Vice President Delcy Rodríguez all presidential powers in an appearing capability after ousted President Nicolás Maduro was taken into U.S. custody.

Trump additionally signaled a give attention to Venezuela’s oil, saying the U.S. would have a “presence in Venezuela because it pertains to grease,” and instructed U.S. troops on the bottom wouldn’t be crucial if Rodríguez “does what we would like.”

Crypto merchants usually deal with such headlines as a volatility catalyst quite than a direct macro driver, however the threat tone can nonetheless matter.

In intervals when liquidity is thinner, even modest spot demand can push costs by means of technical ranges and set off cease pushed strikes in futures markets.

That dynamic is amplified when shorts are positioned for a pullback, as pressured protecting can flip a grind increased right into a sharper break.





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ByTerfa Ukende
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Terfa Ukende is a seasoned financial writer with over seven years of experience covering topics on finance, investment, and economic development. He began his writing career with NewsWay before joining Watch Nigeria, where he continues to educate readers on wealth building, market trends, and smart money management. He holds a Bachelor’s degree in Statistics and Computer Science, which strengthens his analytical approach to financial reporting and investment insights.
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