Bitcoin Rallies Toward $93K as Geopolitical Tensions Rise

[nihalsari]

Bitcoin climbed toward $93,000 on Monday as renewed geopolitical uncertainty followed comments from Donald Trump regarding potential U.S. action in Latin America. Trump suggested tougher measures against Colombia and Mexico, citing drug trafficking and cartel activity, remarks that came shortly after a U.S. military operation in Venezuela.

Since the Venezuela operation, Bitcoin has risen more than 3%, moving from roughly $90,000 to near $93,000, according to market data. The price action reinforced Bitcoin’s growing reputation as a hedge during periods of political instability, particularly when traditional markets face uncertainty tied to international conflict.

[ed]

ppl still hate the “digital gold” narrative but price action keeps backing it up