US Strike on Venezuela Puts Bitcoin in Focus as Oil Slides

The recent U.S. military strike on Venezuela has drawn attention to Bitcoin as the country's oil production faces significant challenges. With oil prices declining, Venezuelan authorities are increasingly turning to cryptocurrency to bolster their economy and circumvent sanctions. Bitcoin is seen as a potential lifeline for the nation, allowing for transactions and trade outside traditional financial systems. The situation highlights the growing intersection of geopolitics and cryptocurrency, as nations look for alternatives amidst economic turmoil.

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