Trump warned Canada of 100% U.S. tariffs if it deepens trade ties with China, citing economic and national security risks. Despite the geopolitical tension, the crypto market reacted mildly. $BTC held near $89K, $ETH stayed around $2.9K, and major altcoins showed mixed, mostly flat movement.

The muted response suggests traders see the comments as policy rhetoric rather than an immediate shock, while markets continue to balance trade risks against liquidity and regulatory uncertainty.