Bitcoin Nears $93,000 as Trump’s Latin America Rhetoric Fuels Geopolitical Jitters

Quick Breakdown 

• Bitcoin climbed toward $93,000 as geopolitical tensions resurfaced in Latin America.
• Trump hinted at possible military action against Colombia and warned Mexico over cartel activity.
• Markets remained relatively calm, with analysts citing the swift Venezuela operation as a stabilising factor.

Bitcoin pushed toward the $93,000 mark on Monday, extending its recent gains as renewed geopolitical tension in Latin America unsettled global markets following a US-backed operation in Venezuela.

The price move comes amid comments from US President Donald Trump suggesting tougher action against Colombia and Mexico, adding to uncertainty already stirred by events over the weekend.

Trump floats military action against Colombia and Mexico

Speaking on Sunday, Trump accused Colombia of failing to curb cocaine trafficking into the United States, describing the country as being poorly led and hinting that military intervention could be on the table.

When asked directly whether the US might consider action against Colombia, Trump responded that such a move “sounds good,” according to Reuters.

PRESIDENT TRUMP JUST NOW:

Trump: “Colombia is run by a sick man, he’s not going to be doing it for very long.”

Reporter: “So there will be an operation by the US in Colombia?”

Trump: “Sounds good to me.” pic.twitter.com/66fQM7cEIY

— The Kobeissi Letter (@KobeissiLetter) January 5, 2026

He also turned his attention to Mexico, saying the country may face consequences if it continues to deny US assistance in combating powerful drug cartels. Although Trump maintains relatively cordial relations with Mexican President Claudia Sheinbaum, he warned that Washington may be forced to act if the situation worsens.

Bitcoin rises as the Market absorbs Venezuela shock

Bitcoin has climbed roughly 3.35% since the Venezuela operation, rising from around $89,990 to nearly $93,000, according to CoinGecko data.

Crypto analyst Crypto Rover said the market reaction was muted because the operation concluded quickly, limiting the spread of uncertainty. This contrasts with past geopolitical crises that triggered prolonged risk-off sentiment across financial markets.

Adding another layer to global tension, Trump reiterated his interest in Greenland, calling the territory strategically important for US security and defence.

Meanwhile, Cardano founder Charles Hoskinson slammed Trump’s recent foray into decentralized finance (DeFi), calling the launch of the WLFI project a “frustrating” distraction that could hinder the industry’s push for regulatory clarity. 

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