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The US Secretary of State, Marco Rubio, stated that America is not at war with Venezuela, a day after the US launched a military operation in the country. Venezuelan President Nicolás Maduro and his wife Cilia Flores were captured by US forces and are set to appear in court on Monday, facing charges related to narcoterrorism and cocaine importation. Venezuela's Defence Minister, Vladimir Padrino, reported that many of Maduro's security team and innocent civilians were killed in the operation.

The Venezuelan government has denounced the US action as "military aggression" and the army has pledged its support for interim President Delcy Rodríguez. Despite President Donald $TRUMP Trump's claim that the US will run Venezuela, Maduro's allies remain in charge. Trump warned Rodríguez that she will "pay a big price" if she doesn't cooperate, invoking the Monroe Doctrine.
The US operation, codenamed Operation Absolute Resolve, involved 150 aircraft and targeted Maduro's compound in Caracas. The US has justified the action as a law enforcement operation, while Venezuela has accused the US of violating its sovereignty.
As for the impact on cryptocurrency, it's likely that the situation in Venezuela will lead to increased volatility in crypto markets. Investors may become cautious due to the uncertainty surrounding Venezuela's future and potential economic sanctions.
Venezuela's alleged Bitcoin reserve could significantly impact the cryptocurrency market if seized by the US. Reports suggest the country holds around 600,000 $BTC valued at $60-67 billion, making it one of the largest holders globally. This stash was reportedly accumulated through gold swaps, oil settlements, and mining seizures.
If the US seizes these assets, they might be frozen or added to a strategic reserve, potentially creating a supply shock and driving up Bitcoin prices. #altcoins Analysts believe this move could reshape global Bitcoin dynamics and influence market sentiment.
The US operation in Venezuela has already caused Bitcoin to surge above $93,000, $BTC with traders speculating on the implications. Some predict a short-term volatility increase, while others see a potential long-term bullish trend.
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