Bitcoin rebounds above $79K after Trump’s Canada tariff threat

politics

Bitcoin rebounded above $79,000 after former President Trump’s threat to impose tariffs on Canada, with markets reacting to the heightened political risk. Traders bid BTC higher as a short-term hedge/speculative play, driving renewed momentum and increased intraday volatility. The move highlights Bitcoin’s sensitivity to geopolitical headlines and implies continued price responsiveness to political events, presenting both opportunity and elevated trading risk.

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