• Bitcoin (CRYPTO:BTC) recovered above US$79,000 after briefly falling towards US$78,200 following Trump’s tariff threat.
• Trump said US tariffs on Canadian vehicles, parts and steel would rise to 50% from 1 January 2027.
• Bitcoin’s recovery came as US spot Bitcoin ETFs attracted about US$1.92 billion over five sessions.

Bitcoin (CRYPTO:BTC) recovered above US$79,000 after briefly falling towards US$78,200 following Trump’s tariff threat.

Trump said US tariffs on Canadian cars, trucks, parts and steel would rise to 50% from 1 January 2027.

“Build in the U.S. and there are ZERO TARIFFS,” Trump wrote in a 24 August Truth Social post.

The announcement followed failed US-Canada trade talks, while Canada plans retaliatory tariffs on selected…