Bitcoin Experiences Brief Decline but Rapidly Bounces Back Following U.S. Capture of Venezuela’s Maduro

In the early hours of Saturday, Donald Trump revealed that the United States had executed a significant military operation targeting Venezuela and its leader, Nicolas Maduro. According to Trump, both Maduro and his spouse were apprehended and removed from the country.

Following this announcement, U.S. Attorney General Pam Bondi declared that Maduro along with his wife, Cilia Flores, faced indictments in New York’s Southern District on multiple charges related to drug trafficking and arms violations.

The cryptocurrency market experienced a slight downturn around 2 a.m. Eastern Time amid news of the Venezuelan military action. Bitcoin (BTC) saw a decrease of approximately 0.5%, falling from $89,931.10 to near $89,300. By nearly 9 a.m., BTC prices rebounded slightly but remained just under $90,000.

A press briefing by President Trump is planned for 11 a.m. Eastern Time to provide further details on these developments.

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