President Donald Trump teased the concept of Venezuela changing into the 51st US state, sparking huge speculations. This comes amid Venezuela’s win over Italy within the World Baseball Classic (WBC) semifinal, advancing to face the United States within the remaining. However, the comment has triggered a pullback in Bitcoin value.
Donald Trump Proposes Venezuela as 51st US State
US President Donald Trump praised Venezuela defeating Italy by 4-2 within the WBC semifinal baseball recreation. He linked the win to US actions earlier in 2026, together with the seize of former President Nicolas Maduro.
He mentioned “They are looking really great. Good things are happening to Venezuela lately! I wonder what this magic is all about?” Trump ended his Truth Social post with “STATEHOOD, #51, ANYONE?” sparking huge reactions amid the Middle East geopolitical issues.
The Trump administration is at present working to revive Venezuela’s financial system to learn each the American and Venezuelan folks. The US authorities and firms have signed a number of offers in Venezuela. The Trump administration facilitated a multimillion-dollar gold deal between the US and Venezuela.
Some folks suppose that even when Venezuela wins towards the United States, Trump will declare the trophy for America anyway. Either method, Trump is taking credit score.
🇺🇸🇻🇪 USA vs Venezuela within the World Baseball Classic Final tomorrow night time. Trump is already calling them State #51.
If Venezuela wins, he is claiming the trophy for America anyway.
Either method, Trump is taking credit score😂 pic.twitter.com/Ux3DOoMPnA
— Mario Nawfal (@MarioNawfal) March 17, 2026
Bitcoin Price Pullsback 2%
Bitcoin witnessed an nearly 2% pullback after Trump sparked the concept of Venezuela statehood, with the worth at present buying and selling at $74,275. The 24-hour high and low are $72,912 and $75,988, respectively. Furthermore, buying and selling quantity has elevated by 69% within the final 24 hours.
CoinGlass information additionally confirmed revenue reserving within the derivatives market. At the time of writing, the overall BTC futures open curiosity slumped 2% to $50.69 billion within the final 24 hours. BTC futures OI on CME and Binance plunged greater than 1.20% and a couple of.50%, respectively. This alerts a destructive sentiment forward of the FOMC meeting.
CryptoQuant information revealed that whales collected massively in the course of the current Bitcoin price rally, with the alternate whale ratio reaching a six-year excessive to spark hints of a possible market backside. However, short-term holders have despatched over 37,500 Bitcoin to exchanges up to now 24 hours, marking the biggest influx since January 15.
