Trump postpones sanctions on Canada, but this does not prevent Bitcoin from falling again
Just like with Mexico, the White House announced the temporary postponement of sanctions on Canada. In this way, countries must adhere to certain conditions to avoid the high tariffs coming into effect in 30 days. Despite the positive nature of this fact, it does not prevent the price of Bitcoin from falling again.
After recovering the support of $100,000 per coin this Monday, the pioneering digital currency once again fell below that mark. The reason for the new selling pressure is the escalation of tensions between the United States and China. According to Bloomberg reports, Trump also extended a hand to the authorities of the communist country to ease the tariffs. However, dealing with Beijing is not the same as dealing with Mexico or Canada.
https://criptotendencia.com/2025/02/04/trump-aplaza-las-sanciones-a-canada-pero-esto-no-evita-que-el-bitcoin-retroceda-de-nuevo/
