Bitcoin falls on news of Maduro’s capture in Venezuela, then rebounds as markets stabilize.

The U.S. launched an overnight military operation in Venezuela, capturing President Nicolas Maduro and his wife, Cilia Flores, and removing them from the country.

Former President Donald Trump confirmed early Saturday that the operation was “large scale” and successfully secured both Maduro and Flores.

U.S. Attorney General Pam Bondi later announced that the couple had been indicted in the Southern District of New York on multiple drug trafficking and weapons charges.

Cryptocurrency markets reacted briefly. Bitcoin (BTC) fell roughly 0.5% to $89,300 around 2 a.m. ET following reports of the strike, but had rebounded to just under $90,000 by 9 a.m. ET.

Trump is set to hold a news conference at 11 a.m. ET to provide further details.

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