#TariffHODL The tariffs imposed on Mexico and Canada can affect the price of Bitcoin (BTC) in various ways, primarily through the impact on trade, the economy, and market perception. If the United States imposes tariffs on these countries, it could create trade tensions that affect the value of their currencies, such as the Mexican peso (MXN) and the Canadian dollar (CAD). This could lead to increased demand for safe-haven assets, including Bitcoin, driving its price upward.

On the other hand, if the tariffs generate economic uncertainty and affect investment in North America, investors may become more cautious, reducing liquidity in the markets and limiting the demand for Bitcoin. Additionally, protectionist policies could slow down the institutional adoption of cryptocurrencies in these countries, affecting confidence in the sector.