Breaking overnight news out of Washington sent a brief jolt through crypto markets early Saturday.
President Donald Trump announced a “large scale” U.S. strike on Venezuela and said Venezuelan President Nicolás Maduro and his wife had been captured and flown out of the country. U.S. Attorney General Pam Bondi later told reporters that Maduro and Cilia Flores were each indicted in the Southern District of New York on various drug‑trafficking and weapons charges. Trump has scheduled a news conference for 11 a.m. ET.
Cryptocurrencies showed only modest, short‑lived volatility in response. Around 2 a.m. ET, reports of the military operation prompted a small selloff: bitcoin, which had been trading near $91,189.98, slipped to roughly $89,300 — a decline the market pegged at about 0.5%. By just before 9 a.m. ET, BTC had largely recovered to just under $90,000, underscoring how quickly traders absorbed the geopolitical headlines.
We’ll update with market moves and developments from the 11 a.m. press conference as they come in.
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