Bitcoin climbed above $91,000 on Sunday as merchants prolonged the early 2026 rebound throughout main tokens, with ether, solana and cardano posting broad beneficial properties as geopolitical headlines out of Venezuela added to danger urge for food.
Bitcoin traded round $91,300 in Asian morning hours, up about 1.4% on the day and greater than 4% over seven days. Ether rose roughly 1% to close $3,150 and is up about 7% on the week, whereas solana gained about 1.6% and has climbed greater than 8% over seven days. XRP hovered simply above $2, rising about 0.6% on the day and almost 10% over the week, whereas cardano was modestly increased on the day and up about 8% in seven days.
The transfer adopted a pointy liquidation flush that cleared crowded positioning and reset close to time period leverage.
Information confirmed roughly $180 million in futures positions liquidated over the previous 24 hours, with about $133 million coming from shorts and $47 million from longs. The imbalance suggests merchants had been caught leaning in opposition to the rally, forcing buybacks as costs pushed increased.
Sunday’s beneficial properties additionally got here as merchants reacted to a fast paced political state of affairs in Venezuela.
President Donald Trump mentioned the U.S. plans to “run” Venezuela, whereas the White Home provided few particulars on what that might entail. Venezuela’s Supreme Courtroom granted Vice President Delcy Rodríguez all presidential powers in an appearing capability after ousted President Nicolás Maduro was taken into U.S. custody.
Trump additionally signaled a concentrate on Venezuela’s oil, saying the U.S. would have a “presence in Venezuela because it pertains to grease,” and recommended U.S. troops on the bottom wouldn’t be obligatory if Rodríguez “does what we wish.”
Crypto merchants typically deal with such headlines as a volatility catalyst somewhat than a direct macro driver, however the danger tone can nonetheless matter.
In durations when liquidity is thinner, even modest spot demand can push costs by means of technical ranges and set off cease pushed strikes in futures markets.
That dynamic is amplified when shorts are positioned for a pullback, as pressured protecting can flip a grind increased right into a sharper break.
