TLDR Bitcoin price climbed to $93,000 following the swift military operation in Venezuela. U.S. President Donald Trump suggested potential military action againstTLDR Bitcoin price climbed to $93,000 following the swift military operation in Venezuela. U.S. President Donald Trump suggested potential military action against

Bitcoin Price Climbs After Trump Floats Military Move on Colombia

TLDR

  • Bitcoin price climbed to $93,000 following the swift military operation in Venezuela.
  • U.S. President Donald Trump suggested potential military action against Colombia over drug trafficking concerns.
  • Trump accused the Colombian president of allowing cocaine production and distribution to the United States.
  • He also warned that action might be necessary in Mexico after its president declined to help with cartel issues.
  • The market reacted positively to the rapid resolution of the Venezuela incident, limiting broader panic.

Bitcoin price approached $93,000 on Monday as geopolitical tension increased following comments from U.S. President Donald Trump targeting Colombia and Mexico, with markets reacting swiftly after a Venezuela military operation resulted in the capture of Nicolás Maduro, fueling speculation on future regional actions.

Trump Targets Colombia and Mexico After Venezuela Operation

Donald Trump, the U.S. president, signaled potential military action against Colombia following his remarks during a Sunday appearance. He criticized the Colombian government over its role in cocaine trafficking, calling the country “very sick.” Trump further stated, “It sounds good to me,” when asked about a possible U.S. military operation.

He added that Colombia’s president “likes making cocaine and selling it to the United States,” stressing that this would not last long. His language suggested a tougher U.S. stance, increasing concerns of military escalation in Latin America. These comments followed a weekend operation in Venezuela, where security forces captured Maduro quickly.

Trump also criticized Mexico after its president, Claudia Sheinbaum, declined to collaborate with the U.S. on cartel issues. “Something is going to have to be done in Mexico,” Trump warned during the same event. He did not elaborate on what actions the U.S. may consider next.

Bitcoin Price Gains After Venezuela Developments

Bitcoin price increased from $89,990 to $93,000 in under 48 hours, according to CoinGecko data. The 3.35% gain coincided with reduced uncertainty following the Venezuela operation’s swift outcome. Markets reacted with relief as Maduro’s arrest avoided prolonged disruption.

Analyst Crypto Rover explained that the speed of the operation helped contain broader panic across markets. “It was done before uncertainty could spread,” he said. This limited the kind of prolonged volatility seen in past regional conflicts.

Traders responded positively to the controlled situation, with digital assets seeing upward movement. Bitcoin price showed resilience, driven by increased investor activity during geopolitical events. The operation’s rapid success appeared to support this price momentum.

Trump Mentions Cuba and Reignites Greenland Interest

Trump also addressed Cuba, a key Venezuelan ally, describing it as a failing state on the verge of collapse. He claimed Cuba is “ready to fall” now that Venezuela’s oil supply is disrupted. This raised concerns about broader instability across the Caribbean.

Trump returned to discussing Greenland, calling it critical to U.S. defense and national security interests. He said, “It’s vital to our security,” reaffirming a position he first introduced during his previous term. Despite repeated rejections, Trump insisted the U.S. should maintain interest in acquiring the mineral-rich territory.

Ministers from Denmark and Norway pushed back, urging Trump to stop making threats related to the island. Officials emphasized that Greenland is not for sale and will remain under Danish control. The topic has resurfaced as tensions rise across the Western Hemisphere.

The post Bitcoin Price Climbs After Trump Floats Military Move on Colombia appeared first on CoinCentral.

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