Why is Bitcoin price going up after US operation in Venezuela
ETF inflows into BTC, ETH, XRP, Solana and Dogecoin rebound after year-end tax selling, signaling renewed institutional demand for crypto funds.
- U.S. spot bitcoin ETFs saw $355M in net inflows after seven days of withdrawals, led by BlackRock’s IBIT with support from Ark, 21Shares and Fidelity products.​
- Ether, XRP, Solana and Dogecoin spot ETFs all posted net inflows, pointing to broader participation across crypto-linked funds despite mixed 2025 price action.​
- Market participants expect continued ETF expansion in 2026 as issuers file new products and regulators weigh clearer rules for digital asset exposure.
Employment data and geopolitical developments in Venezuela are expected to influence cryptocurrency markets during the first full trading week of 2024, according to market analysts.
The Venezuela trade sees Bitcoin price increase
The United States conducted a military operation in Venezuela over the weekend, capturing President Nicolás Maduro and his wife, according to reports. Explosions were reported in Caracas and surrounding areas. President Trump stated that the United States will assume control of Venezuela’s oil industry, a development that led to a decline in energy prices. Cryptocurrency markets have remained stable following the news.
U.S. and European stock markets are expected to respond to the weekend’s events when trading begins, while cryptocurrency assets moved marginally higher during Monday morning trading in Asia.
The week’s economic calendar includes several key data releases. December’s ISM Manufacturing PMI data, which measures the health of the U.S. manufacturing sector, is scheduled for release on Tuesday. Wednesday will see the release of December’s ADP Nonfarm Employment report and November’s JOLTS Job Openings data. Friday will bring the December Jobs Report and Consumer Sentiment data.
The labor market data carries particular significance following the Federal Reserve’s decision to cut interest rates three times in the previous year in response to weakening employment conditions. The upcoming data may influence the central bank’s future policy decisions.
“Softening in the labor market has really given the Fed good cover to change their outlook about reducing rates,” Eric Kuby, chief investment officer at North Star Investment Management, told Reuters.
Total cryptocurrency market capitalization increased during Monday trading, reaching its highest level since early December, according to market data. Bitcoin led gains during Monday morning Asian trading before retreating slightly in subsequent hours. Ethereum posted multi-week gains, briefly surpassing recent highs before declining. XRP, Dogecoin, Chainlink, Stellar, and Hyperliquid also recorded gains.