- Trump threatens military action against Colombia over the cocaine trafficking trade.
- President states the Colombia operation sounds good to me when asked by the press pool.
- Bitcoin climbed toward $93,000 following Trump’s Colombia and Mexico statements.
U.S. President Donald Trump raised the possibility of military operations against Colombia on Sunday. Speaking to reporters aboard Air Force One, Trump stated that action against the South American nation “sounds good to me” when directly asked about pursuing such an operation.
The comments came after the United States captured Venezuelan President Nicolas Maduro in a raid and transported him to New York to face drug-trafficking charges. Trump’s remarks extended geopolitical uncertainty across the region beyond Venezuela.
Trump Criticizes Colombian Leadership Over Drug Trade
Trump targeted Colombia’s President Gustavo Petro with harsh criticism. “Colombia is very sick, too, run by a sick man, who likes making cocaine and selling it to the United States, and he’s not going to be doing it very long,” Trump told reporters.
When asked whether the U.S. would consider military action against Colombia, Trump responded affirmatively. The president also warned that “something is going to have to be done” regarding Mexico during the same exchange with the press.
The statements mark an escalation in rhetoric toward Latin American nations amid Trump’s focus on drug trafficking issues. Colombia has faced longstanding challenges with cocaine production, though the country has also partnered with U.S. anti-narcotics efforts for decades.
Related: Real-Time Data Shows US Inflation Drops to 1.81%: What It Means for Bitcoin and Crypto Prices
Bitcoin Rallies as Regional Tensions Increase
Bitcoin climbed toward $93,000 on Monday following Trump’s comments about potential action against Colombia and Mexico. The cryptocurrency price movement occurred as traders processed the implications of heightened geopolitical tensions in Latin America.
Bitcoin has since retreated to $92,400 and remains up 3% over the past seven days. Ethereum price has also recovered, reclaiming the $3,100 level after earlier weakness. The crypto market reaction suggests investors view regional instability as a potential catalyst for safe-haven asset demand.
Cryptocurrency markets often respond to geopolitical developments with increased volatility. Trump’s statements about military operations in multiple countries created uncertainty about future U.S. foreign policy in the region. This environment can drive capital flows into decentralized assets as hedges against traditional financial system disruptions.
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Source: https://coinedition.com/trump-threatens-colombia-military-action-as-bitcoin-climbs-toward-93k-on-monday-trade/
