Bitcoin Hits Three-Week High as Global Political Uncertainty Boosts Demand for Safe-Haven Assets

Bitcoin climbed to its highest level in nearly three weeks during Monday’s trading session, supported by rising global political uncertainty following recent U.S. actions targeting Venezuelan President Nicolás Maduro. The developments prompted investors to increase exposure to alternative assets widely viewed as safe havens.

The world’s largest cryptocurrency by market capitalization rose by approximately 2.3% to around $93,323, marking its highest level since mid-December. Ethereum and several other major cryptocurrencies posted more modest gains.

The rally coincided with advances in Asian equity markets, driven by gains in technology and artificial intelligence stocks, while escalating geopolitical tensions reinforced demand for traditional safe-haven assets. Gold surged more than 2%, surpassing $4,400 per ounce, while silver prices jumped by nearly 4.8%.

On the investment flows front, U.S.-listed Bitcoin exchange-traded funds (ETFs) recorded strong inflows, with investors injecting approximately $471 million in a single day—the largest daily inflow since November—highlighting a notable improvement in market sentiment toward digital assets.

Investors are now closely watching Bitcoin’s ability to break above and hold the $94,000 level, while $88,000 is seen as a key technical support in the event of a market correction.