Bitcoin pushed closer to the $93,000 mark on Monday, gaining momentum as fresh geopolitical uncertainty emerged from comments made by US President Donald Trump. His remarks about potential military action and tougher policies toward Colombia and Mexico added to global market tension, even as crypto investors appeared largely unfazed.
Bitcoin Climbs as Geopolitical Tensions Rise
Bitcoin rose around 3.35%, moving from roughly $89,990 to near $93,000 following a US operation in Venezuela, according to CoinGecko data. Despite the serious geopolitical backdrop, the crypto market showed resilience.
Trump, speaking on Sunday, sharply criticized Colombia over cocaine trafficking and suggested that a US military operation targeting the country was a possibility. He also warned that “something is going to have to be done” in Mexico, citing ongoing issues with drug cartels.
Market analysts noted that Bitcoin’s steady rise suggests investors are viewing the situation as contained for now. Crypto analyst Crypto Rover said the Venezuela operation caused minimal market disruption because it was carried out swiftly, limiting uncertainty. This contrasts with past geopolitical conflicts that led to prolonged market fear and sharp sell-offs.
Trump’s Broader Foreign Policy Signals Keep Markets Alert
Beyond Colombia and Mexico, Trump also turned his attention to Cuba, describing it as a failing state vulnerable due to reduced Venezuelan oil supplies. These comments further highlighted growing US pressure on countries aligned with Venezuela.
Adding another layer of uncertainty, Trump reiterated his interest in Greenland, calling it strategically vital for US national security. Officials in Denmark and Norway have repeatedly pushed back, stating that the mineral-rich territory is not for sale and urging the US president to tone down the rhetoric.
Despite these developments, Bitcoin continues to trade strongly, reinforcing its reputation among investors as a hedge during periods of political and geopolitical instability. As global tensions evolve, market participants will be watching closely to see whether crypto maintains its upward momentum or begins to reflect broader risk-off sentiment.
