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Bitcoin Tops $91,000 After Short Squeeze as Traders Digest U.S. Action in Venezuela

Analysts say the move looks contained, with oil policy now the key market variable.

Overview

  • Bitcoin rose to roughly $91,300 on Sunday with ether, solana and XRP also higher, extending a steady weekend rebound.
  • Derivatives data showed about $180 million in crypto futures liquidations over 24 hours, mostly from shorts, as prices pushed through resistance.
  • President Donald Trump said U.S. forces captured Nicolás Maduro in a brief operation and U.S. Attorney General Pam Bondi announced SDNY indictments for Maduro and Cilia Flores.
  • Venezuela’s Supreme Court vested acting presidential powers in Vice President Delcy Rodríguez, while Trump signaled a U.S. focus on Venezuela’s oil and a potential presence related to energy.
  • Market commentators, including Michaël van de Poppe and Tyler Hill, said they do not expect a broad Bitcoin sell-off, with traders watching support near $88,000–$89,000 and resistance around $91,000.