Bitcoin jumps 6% in a week amid US-Venezuela conflict — Where is the crypto token headed next?

The cryptocurrency markets are in green today, with market capitalisation of $3.2 trillion, and 24-hour trading volume of $126.05 billion, according to data on CoinMarketCap. Among tokens, Bitcoin maintains its dominance, holding 58.4% of the pie, followed by Ethereum (12.2%) and other cryptos (29.5%).

According to CoinMarketCap analysis, the overall crypto market rose 1.39% over the last 24 hours due to bullish derivatives activity, a short squeeze, and geopolitical-driven safe-haven demand.