- Bitcoin climbed above $91,000 on Sunday as a broad token rebound extended into early 2026 trading.
- Ether, Solana, Cardano and XRP posted daily and weekly gains, with ether near $3,150 and XRP up about 10% on the week.
- Roughly $180 million in futures positions were liquidated in 24 hours, with about $133 million from shorts and $47 million from longs, forcing buybacks.
- Fast-moving political events in Venezuela — including statements from President Donald Trump, a transfer of powers to Vice President Delcy Rodríguez, and the ousting of Nicolás Maduro — added to risk appetite.
- Traders noted that thin liquidity and short positioning can turn modest spot demand into larger, stop-driven futures moves.
Bitcoin traded around $91,300 in Asian morning hours on Sunday as traders pushed gains across major tokens, reacting to both market flows and geopolitical news. See the accompanying image.
Prices showed modest daily moves but stronger weekly gains: Bitcoin was up about 1.4% on the day and more than 4% over seven days. Ether rose roughly 1% to near $3,150 and was about 7% higher on the week, Solana gained about 1.6% and over 8% for the week, XRP hovered just above $2 with nearly a 10% weekly rise, and Cardano was modestly higher and up about 8% over seven days.
Data showed roughly $180 million in futures positions liquidated over the past 24 hours, with about $133 million coming from shorts and $47 million from longs. The imbalance indicated many traders were positioned against the rally and were forced into buybacks as prices moved higher.
Sunday’s gains also tracked fast-moving developments in Venezuela. President Donald Trump said the U.S. plans to “run” Venezuela, while the White House provided few details. Venezuela’s Supreme Court granted Vice President Delcy Rodríguez all presidential powers in an acting capacity after ousted Nicolás Maduro was taken into U.S. custody.
Mr. Trump also signaled a focus on Venezuelan oil, saying the U.S. would have a “presence in Venezuela as it pertains to oil”, and suggested U.S. troops on the ground would not be necessary if Rodríguez “does what we want.” Traders treat such headlines as volatility catalysts that can affect risk appetite even when they are not direct macro drivers.
In thinner liquidity conditions, modest spot demand can push prices through technical levels and trigger stop-driven moves in futures markets. That dynamic is amplified when short positions are crowded, turning gradual advances into sharper breakouts.
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