Trump Threatens Canada With Tariffs, Crypto Market Remains Steady
- President Trump warned that a trade agreement between Canada and China would trigger a 100% tariff on all Canadian products entering the U.S.
- Bitcoin is currently priced at approximately $89,300, experiencing a minor decline in the last hour.
- Ethereum is trading around $2,948, showing slight increases over the past day.
- XRP remains stable at about $1.91, with no significant price changes noted.
- Ark Invest has applied for a crypto index ETF that includes Bitcoin and other altcoins like Ethereum and Cardano.
The crypto market’s muted response to Trump’s tariff threats suggests traders view this as policy news rather than an immediate economic shock. This follows ongoing uncertainties in regulations affecting the cryptocurrency landscape.
Despite geopolitical tensions, Bitcoin holds steady near $89K, indicating resilience amid potential trade disruptions.(Source)