Bitcoin Climbs Past $92K While Trump Signals Colombia Action

[Ben Graham]

Bitcoin climbed past the $92,000 mark on Monday, driven by a mix of strong buying and fresh geopolitical noise. Traders watched as BTC moved toward $93,000 after brief gains in global markets, hitting roughly $92,800 in early US trading.

Geopolitical Jitters And Market Moves

According to market reports, comments from US President Donald Trump about potential action in Colombia added to market uncertainty, helping send flows into risk assets like Bitcoin.

Traders sold some positions and then bought back into BTC as prices steadied near the highs. ETF inflows were also cited as supporting demand, with one report noting about $645 million in net flows into Bitcoin spot ETFs around the same session.

Bitcoin’s climb was modest in percentage terms, but the dollar amounts grabbed attention. Data showed BTC trading in the low $92,000s before attempts to push higher toward $93,000. Reports have also pointed to liquidations and futures activity that rearranged short positions, prompting quick moves in both directions.

PRESIDENT TRUMP JUST NOW:

Trump: “Colombia is run by a sick man, he’s not going to be doing it for very long.”

Reporter: “So there will be an operation by the US in Colombia?”

Trump: “Sounds good to me.” pic.twitter.com/66fQM7cEIY

— The Kobeissi Letter (@KobeissiLetter) January 5, 2026

Colombia On Trump’s Crosshairs

Based on reports, the recent US operation in Venezuela and wider tensions in Latin America had a role in shifting sentiment.

Speaking on Sunday, Trump took aim at Colombia over cocaine trafficking, saying a fresh US military operation tied to the country “sounds good to me,” according to Reuters. He also warned that action may be needed in Mexico.

Trump described Colombia as “very sick” and accused its leader of fueling the cocaine trade into the United States, saying that situation “won’t last very long.”

Total crypto market valuation at $3.12 trillion on the daily chart: TradingView

Institutional Flows And Market Structure

Meanwhile, spot ETF purchases and macro traders were active during the move higher. The inflows cited in market pieces suggest institutions continued to add exposure, even as headline risk rose. At the same time, derivatives desks reported notable liquidations that briefly amplified volatility.

Some analysts told outlets they see technical hurdles near the current range that could cap gains without fresh catalysts. Others said the next key levels to watch are the area around $93,000 and the lows near the $88,000s to $90,000s, where stop orders and margin calls could trigger sharper swings.

Mixed Signals

Market signals remain mixed. While ETF inflows point to steady interest from larger pools of capital, geopolitical headlines from the region keep a risk premium live in prices. Traders are watching US economic data this week as well, since work on jobs and inflation prints could alter the tone for both stocks and crypto.

Bitcoin’s push above $92,000 came at a moment of heightened news flow — where comments from US President Donald Trump and big institutional buying intersected. Prices moved quickly, numbers mattered, and traders now watch whether demand can hold near current levels or if headline risk will force a pullback.

Featured image from Britannica, chart from TradingView