Trump's Military Action Sparks Bitcoin Volatility, Predictions of 50% Drop
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 4d ago- Military Action Impact: Trump's military operation in Venezuela led to the capture of Maduro and his wife, with official charges of drug trafficking potentially masking interests in Venezuela's vast oil reserves, raising concerns about U.S. expansionism in the market.
- Bitcoin Drop Expectations: ChatGPT predicts that if the U.S. forcibly annexes Greenland, Bitcoin could plummet by 40% to 50% in the short term, triggering panic among investors and causing significant market volatility.
- Market Reaction Forecast: Grok suggests that if the U.S. were to annex Greenland, Bitcoin might drop by 30% in the initial weeks, aligning with a potential stock market crash, indicating the market's sensitivity to geopolitical risks.
- Potential for Recovery: Perplexity argues that despite the threats, significant volatility in Bitcoin is unlikely, as the market may quickly regain risk appetite once worst-case scenarios are off the table, leading to a rebound in Bitcoin's value.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
