US Strike on Venezuela Puts Bitcoin in Focus as Oil Slides
The recent U.S. military strike on Venezuela has shifted attention to Bitcoin as oil prices decline. Analysts suggest that the geopolitical tensions could drive more investors toward cryptocurrencies as a hedge against instability. Bitcoin's decentralized nature makes it appealing during times of economic uncertainty, particularly in oil-dependent economies like Venezuela. The situation highlights the growing intersection between global politics and the cryptocurrency market. As oil slides, Bitcoin's role as a potential safe haven is increasingly scrutinized.
Read the full article: Decrypt