It was an eventful day in terms of geopolitical tensions.
Bitcoin prices have remained relatively stable over the past 24 hours despite the rapid escalation of the US-Venezuela war front, attacks from President Trump’s country, and the detention of the Venezuelan president.
Just a few minutes ago, the president addressed the nation in response to today’s developments and even hinted at potential action against Mexico.
CryptoPotato reported today that the major cryptocurrency has fallen to just under $89,300 from Friday’s high of nearly $91,000 following reports of an explosion in Venezuela’s capital Caracas. Minutes later, the Trump administration acknowledged speculation that the United States was behind the attack.
Additionally, officials said Venezuelan President Nicolás Maduro and his wife were captured and being extradited to the United States. Attorney General Pamela Bondi later announced that both men were indicted in the Southern District of New York, with Maduro charged with narco-terrorism conspiracy, conspiracy to import cocaine, and several other similar charges.
In Trump’s first interview of the day with Fox News, the president said Maduro had rejected his last attempt to negotiate. He also said the United States would be “strongly involved” in Venezuela’s oil industry going forward, as reported by Walter Bloomberg.
He added that even if Chinese officials had entered Venezuela hours before the attack, the operation would be fine because China would have access to the oil.
Interestingly, President Trump also addressed the situation in Mexico, explaining that the country is largely run by cartels due to ongoing border disputes between the two countries. He warned that “something has to be done” because the Mexican government is too afraid to act.
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🚨 Trump on Mexico: Cartels in control, border issues continue
President Trump said Mexico is run by drug cartels, not the government, and officials are too afraid to act. He said up to 300,000 people have died from drugs in the United States, most of them entering the country through the southern border, and… pic.twitter.com/NmM346Iubj
— *Walter Bloomberg (@DeItaone) January 3, 2026
Even though these macro developments occurred less than a day ago, BTC price has remained relatively unperturbed aside from the aforementioned temporary dip. It is currently trading at $90,000, about the same level as it was at this time yesterday.
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