Bitcoin has surged toward $100,000 per bitcoin following the U.S. raid on Venezuela that resulted in president Nicolás Maduro’s capture and the U.S. seizing control of the country—described as “just the beginning.” The bitcoin price, soaring to within touching distance of $94,000, has rocketed around 8% since the beginning of 2026, climbing alongside gold and silver as the market scrambles to get ahead of a “critical’ $17.3 trillion price shock. Now, as U.S. president Donald Trump’s media company reveals a bitcoin surprise, famed Big Short investor Michael Burry has warned “markets are not pricing in all that may come of this weekend’s events.”
“For the intermediate and long-run, the game just changed,” Burry wrote. “This is a paradigm shift despite the markets yawning,” Burry, who made $700 million from his famous bet against the U.S. housing market before the 2008 crash, posted to X. The muted market reaction has seen the oil price climb along with gold and silver over the last 24 hours, while energy and defense stocks also made gains alongside the bitcoin price, with uncertainty weighing on prices across the board.
“Safe havens such as gold and silver are rallying sharply as investors price in elevated geopolitical risk that could persist or escalate,” Ryan Lee said in emailed comments. “Oil, for now, remains relatively contained around the $60 per barrel level, which helps limit immediate inflation pressure, but markets are clearly discounting the risk of future energy disruptions and tighter liquidity conditions that may compel the Federal Reserve to keep rates elevated for longer.” The bitcoin price has fallen sharply since hitting an all-time high in October, but has climbed off its recent lows.
Bitcoin and crypto market watchers pointed to bitcoin’s steady performance over the weekend as a sign it has matured as an asset class, with bullish traders continuing to bet it will absorb market share from gold as it rallies toward a $100,000 per bitcoin price—something that would give bitcoin a market capitalisation of $2 trillion. “In the near term, we see bitcoin pushing toward $105,000, while ethereum could test the $3,600 level, as traders balance geopolitical risk with crypto’s deflationary characteristics and innovation-driven growth,” Lee said. “Overall, the current backdrop reinforces crypto’s evolving role within global portfolios, not just as a speculative asset, but as a strategic component in navigating an increasingly uncertain macro landscape.”