War becomes a catalyst! Influenced by the United States taking military action in retaliation against Venezuela, Bitcoin price breaks through $91,000

Bitcoin prices rise again, breaking the $91,000 mark during Asian morning trading on Sunday, continuing the rebound trend since early 2026. Market analysis indicates that approximately $180 million worth of cryptocurrencies were liquidated in the past 24 hours. Besides technical and capital factors forcing liquidation, recent geopolitical tensions and statements from the Trump administration about taking over Venezuela have also contributed to the market risk sentiment shift.

Long liquidation causes Bitcoin to break the $90,000 barrier

According to the latest market quotes at press time, Bitcoin (BTC) briefly surged to around $91,300, up approximately 1.4% for the day, with a cumulative increase of over 4% in the past week. Other major cryptocurrencies also strengthened, with Ethereum (ETH) rising about 1%, approaching $3,150, and gaining roughly 7% over the week; Solana (SOL) increased about 1.6% on the day, with an over 8% gain in the past seven days; Ripple (XRP) remained above $2, rising about 0.6% daily, with nearly 10% increase over the week; Cardano (ADA) saw slight gains, with an approximately 8% increase over the week.

One of the key factors behind this overall upward movement is a clear liquidation wave in the futures market. Data shows that about $180 million worth of crypto futures positions were liquidated in the past 24 hours, including roughly $133 million in short positions and about $47 million in long positions. The liquidation structure indicates that short positions were previously concentrated, and as prices continued to rise, it forced some traders to cover shorts, further pushing prices higher.

Market liquidity accelerates price movement

Market liquidity factors have also amplified this trend. During periods of relatively limited trading volume, even moderate spot buy orders can push prices through key technical levels and trigger futures stop-loss mechanisms. When shorts, expecting a correction, fail to see a decline, forced liquidations often turn a relatively slow upward trend into a faster breakout.

Trump administration takes action to address Venezuela, seen as a major bullish catalyst by crypto investors

In addition to structural market factors, traders are also paying attention to recent political developments in Venezuela. Trump stated that the U.S. plans to “take over” Venezuela-related affairs, though the White House has not disclosed specific details. Subsequently, after Venezuelan President Nicolás Maduro (Nicolás Maduro) was detained by U.S. authorities, the Supreme Court of Venezuela announced it had granted Vice President Delcy Rodríguez (Delcy Rodríguez) full powers as acting president. Trump also mentioned Venezuela’s oil resources, indicating that the U.S. will maintain a presence in the local energy sector and hinted that if the new government aligns with U.S. interests, ground troops might not be necessary.

Crypto market participants generally view such geopolitical news as short-term volatility catalysts rather than direct long-term fundamentals. However, in an environment of rising risk appetite, political developments can still influence capital allocation and trading behavior, especially when high leverage positions are involved. The recent rise in Bitcoin and major cryptocurrencies reflects a confluence of factors, including liquidation effects, leverage adjustments, liquidity conditions, and immediate reactions to international political tensions. The future trend will depend on whether macro risk sentiment persists and if the market can sustain stable buying support at high levels.

This article War as a Catalyst! Impacted by U.S. military actions against Venezuela, Bitcoin price breaks $91,000 earliest appeared on Chain News ABMedia.