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Bitcoin Rises as Venezuela Oil Shock Reshapes 2026 Outlook

Bitcoin Rises as Venezuela Oil Shock Reshapes 2026 Outlook

Murugaverl Mahasenan

Murugaverl Mahasenan

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Catenaa, Monday, January 05, 2026- Bitcoin and broader cryptocurrency markets climbed after US  forces captured Venezuelan President Nicolás Maduro over the weekend.

This manay observers say could raise the expectations of a major shift in global oil supply and inflation trends.

Bitcoin rose nearly 5% over three days, briefly topping $90,000, while the wider crypto market added about $100 billion in value.

Traders reacted to the prospect of US  control over Venezuela’s oil sector and its potential impact on energy prices, inflation, and the US  dollar.

Venezuela holds the world’s largest proven crude oil reserves at roughly 300 billion barrels, equal to about 17% of global supply, according to US  government data. Analysts estimate the reserves have a market value near $17.3 trillion, placing oil markets on alert as futures trading resumes.

President Donald Trump has said US  oil companies could invest heavily to repair Venezuela’s damaged energy infrastructure, while sanctions on Venezuelan oil remain in place.

Market participants are weighing whether a political transition could eventually unlock supply and pressure oil prices lower.

Lower oil prices could reduce global inflation pressures, a development many investors see as supportive for bitcoin and other risk assets.

Analysts say bitcoin has reacted faster than traditional markets, reflecting shifting sentiment ahead of oil market reopening.