The tariff threat emerged just days after a sharp exchange at the World Economic Forum in Switzerland. Carney had openly rebuked the Trump administration’s economic policies, prompting the U.S. president to retaliate by withdrawing Canada’s invitation to his newly formed “Board of Peace.”
FAQ How did bitcoin respond to the 2026 U.S.-Canada tariff threats? Bitcoin successfully shrugged off President Trump’s threat of 100% tariffs on Canadian goods, rebounding from a weekend low of $86,000 to reach $88,750 on Jan. 26. What was the impact of Strategy’s latest bitcoin purchase? The company’s addition of 2,932 BTC to its treasury provided a psychological floor for the market, though institutional buys now show diminishing returns on price action. Why is the “Board of Peace” relevant to the current crypto market volatility? While markets dismissed Canada’s removal from the Board of Peace as symbolic, the underlying trade war fears helped drive the total crypto market cap back above $3.05 trillion. How has gold performed compared to bitcoin since the start of 2026? Gold has surged roughly 18% to record highs while bitcoin has traded sideways, fueling debates by critics like Steve Hanke over Bitcoin’s status as “digital gold.”Bitcoin Rallies After Sunday Dip as Economist Steve Hanke Calls It ‘Fool’s Gold’
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View more- 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
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