How did the January 3, 2026 capture of Venezuela’s president contribute to Bitcoin’s appeal as a safe-haven asset?
Why is this the correct answer?
This is correct because political upheaval often drives demand for uncorrelated assets. When Venezuela’s president was captured, concerns about traditional currency stability rose. Beginners should know that Bitcoin is viewed by some investors as a digital store of value that can protect wealth during crises. Geopolitical events like this can push new capital into Bitcoin as people look for alternatives outside the conventional banking system.
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