Bitcoin climbed above $91,000 on Sunday as traders continued the early 2026 recovery across major cryptocurrencies. Ether, Solana, and Cardano also moved higher as positive momentum spread through the market. Bitcoin was trading around $91,300 during Asian morning hours, up about 1.4% on the day and more than 4% over the past week. Ether rose nearly 1% to around $3,150 and is up about 7% for the week, while Solana gained about 1.6% and has risen more than 8% over the same period. xrp was trading just above $2, up around 0.6% on the day and nearly 10% over the week, while Cardano also posted weekly gains. Confidence improved after news from venezuela, which helped push prices higher across the crypto market. all after venezuela attack.
the price move came after a strong wave of liquidations that cleared out too many crowded trades and reduced short term leverage postions. data showed about $180 million worth of futures positions were closed in the last 24 hours. around $133 million of that came from short positions, while about $47 million came from long positions. this shows many traders were betting against the move and were forced to buy back as prices moved higher.
sunday’s gains also happened as traders reacted to fast-moving political news from Venezuela. U.S. President Donald Trump said the United States plans to run Venezuela and pain power, though the white house did not give clear details. Venezuela’s Supreme Court gave Vice President Delcy Rodríguez full presidential powers after former President Nicolás Maduro was taken into U.S. custody.
trump also pointed to Venezuela’s oil, saying the U.S. would have a presence there related to oil, and suggested that sending U.S. troops might not be needed if rodríguez cooperates.
crypto traders usually see these kinds of headlines as reasons for price swings rather than long-term economic changes, but market mood still matters. when trading activity is low, even small buying pressure can push prices above key levels and trigger automatic trades in futures markets. this effect becomes stronger when many traders are expecting a pullback because forced short covering can turn a slow rise into a much faster move up
