Trump’s Trade War Escalation Rocks Crypto Markets—Canada in the Crosshairs
Geopolitical shockwaves hit digital assets as former President Trump reignites tensions with Canada—and crypto traders are scrambling.
Market tremors ahead
BTC and ETH saw 5% swings within hours of the announcement, proving once again that crypto markets react faster than Treasury secretaries to geopolitical drama.
The northern front
With US-Canada trade relations deteriorating, decentralized finance protocols are emerging as unlikely beneficiaries—because when nation-states feud, borderless money wins.
Wall Street's cold sweat
Traditional finance analysts are suddenly brushing up on blockchain fundamentals (better late than never) while Bitcoin maximalists smugly adjust their price targets upward.
Bonus jab: Somewhere in Zurich, a private banker just charged a client $500,000 to 'research this Bitcoin thing.'
SOL and BNB Price Predictions
Last week, tensions with Iran shook the markets, and now, with the looming deadline for tariffs and the confrontation with Canada, further volatility is expected. Although the extent of the impact is uncertain, Trump is known for demonstrating his resolve, and after U.S. stocks reached new all-time highs, he might issue stronger statements over the weekend. Such developments could lead to a downturn in cryptocurrency prices.
Announcements from Canada and the EU throughout the weekend will significantly influence price charts. SOL Coin, which dropped to $126 on June 22, could not reclaim the $148 mark during the ceasefire rally. In a positive scenario, it is anticipated that the price will exceed this crucial threshold, ascend to $162, and form a peak NEAR $168 over the weekend.
However, unfavorable news about tariffs may push the price back to the $134-$126 range. In cases of excessive selling, the bottom could be at $112.
BNB remains relatively strong amid heightened volatility and, despite attempting to breach $650, could fall back to the $627-$611 range in a bearish scenario. With favorable news, a target of $676 could be envisioned.
LINK and AVAX Forecast
The threshold for LINK Coin is $12.7, and if it closes below this, a test of $11.8 is possible over the weekend. Despite a Mastercard partnership, LINK Coin has not Leveraged this due to general market negativity. The optimistic target zones include $14.5 and $15.3. Although the direction is not yet definitive, Trump’s latest remarks seem to favor the bears.
AVAX has not met expectations this year and failed to surpass $18.5 in its latest attempt. If weekend announcements lack volume, they may fuel declines testing $16.2. Meanwhile, BTC appears to have weathered the initial shock of Canada’s announcements, stabilizing at $107,100 for now.
