Bitcoin Nears $93K as Trump Hints at Latin Policy Shift

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Bitcoin Climbs Toward $93K As Trump Hints at Tougher Latin America Policy

Written by Aaron S.,

Editor-In-Chief

Last Updated: January 05, 2026

Key Takeaways

Bitcoin neared $93,000 on January 5 as President Trump’s remarks raised new concerns about US policy in Latin America;
Trump hinted at a possible US military action toward Colombia and criticized its leadership for enabling the cocaine trade;
He voiced frustration over Mexico’s refusal to accept US help on cartel issues and described Cuba as close to economic collapse.

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Bitcoin Climbs Toward $93K As Trump Hints at Tougher Latin America Policy

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Bitcoin BTC $92,918.94 moved closer to $93,000 on January 5 while US President Donald Trump’s remarks sparked concern about tensions in Latin America.

His comments suggested that Washington might take stronger steps against Colombia and Mexico, following a US operation in Venezuela over the weekend.

Speaking on January 4, President Trump criticized Colombia for its role in cocaine trafficking. He told reporters that the idea of a new US military operation aimed at the country, according to Reuters.

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He also accused Colombia’s leadership of allowing the drug trade to flourish. He said, "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".

Turning to Mexico, President Trump noted that while he maintains a more cooperative relationship with President Claudia Sheinbaum, she declined assistance from Washington in tackling cartel violence.

In response, the president remarked that "something is going to have to be done in Mexico".

He also described Cuba as a country in serious decline. He said it was "ready to fall" now that Venezuela’s oil shipments to the island are being reduced.

Cuba remains a close ally of Venezuela, and Washington is watching both countries closely as their economies weaken.

President Trump recently said he plans to review the case of Keonne Rodriguez, one of the founders of Samourai Wallet, after his recent conviction. What did he say? Read the full story.