Bitcoin moved lower on Wednesday. This came after a brief recovery in the previous session. Investors turned cautious again as global tensions increased and key U.S. data approached.
Markets remained nervous due to rising geopolitical risks. A diplomatic dispute between China and Japan added pressure. Uncertainty around U.S. plans involving Venezuela also weighed on sentiment.
Bitcoin fell 1.8 percent to around $92,027 by mid-morning U.S. time.
Risk focused assets struggled as traders stayed on the sidelines.
Crypto markets found little support from recent index news. MSCI said it will not move forward with a plan to remove crypto treasury companies from its indexes. The update offered limited relief to digital assets.
Strategy, the largest corporate holder of Bitcoin, reacted positively. Its shares jumped more than 6 percent after the news. However, gains in crypto related stocks did not lift Bitcoin prices.
Bitcoin has mostly traded sideways this year. Early optimism faded as markets failed to find strong positive signals.
MSCI said it will instead conduct a broader review. The focus will be on companies that do not have traditional revenue streams. This means Strategy will stay in MSCI indexes for now.
The stock had dropped earlier this week. Strategy reported a large unrealized loss of 17.44 billion dollars on its crypto holdings for the fourth quarter of 2025.
The company’s shares have struggled over the past year. The stock nearly lost half its value in 2025. Falling Bitcoin prices and concerns over debt fueled buying hurt investor confidence.
Other cryptocurrencies also slipped on Wednesday. Overall risk appetite stayed weak across markets.
Oil markets added to volatility after U.S. President Donald Trump said Venezuela would supply up to 50 million barrels of oil. Markets were already unsettled after the U.S. captured Venezuelan President Nicolas Maduro earlier in the week.
Traders are now focused on U.S. economic data. The main event is the nonfarm payrolls report due on Friday.
Ethereum fell 2.6 percent to about 3,189 dollars. XRP dropped more than 6 percent after gains a day earlier.
Solana declined 2.5 percent. Cardano fell 4.5 percent. BNB lost 1.7 percent.
Meme coins also moved lower. Dogecoin dropped 3 percent. The TRUMP token slipped nearly 1.8 percent.
Crypto markets remain stuck in a narrow range. Investors are waiting for clearer signals before making bigger moves.
