🤔Why did bitcoin fall after Trump’s Venezuela announcement?
Escalating tensions between the U.S. and Venezuela pushed investors into risk-off mode, dragging bitcoin and stocks lower.📉🛡
👱♂️Trump designated Venezuela’s government a terrorist organization and ordered a blockade of sanctioned oil tankers.
🛢Oil prices jumped on supply fears, while equities fell and $BTC slid roughly 2%.
💸Rising energy prices can tighten financial conditions, which often weigh on risk assets like bitcoin.
BTC
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