Discover why Bitcoin and crypto ETFs are gaining popularity in Canada as investors turn to cryptocurrency following Trump’s election win. Learn about benefits, risks, and how to get started

Key takeawaysAs of 2024, around 10% of Canadians held cryptocurrencies, including Bitcoin, positioning the country ahead of Australia, Germany and Norway in adoption.Bitcoin is classified as a commodity in Canada,

Bitcoin plunged in early trading Friday and while it recovered a bit, the cryptocurrency is still down 20% from its peak.

Bitcoin fell roughly 17% in February to around $84,000 — the cryptocurrency's biggest drop over one month since June 2022.

Plus, Trump wants to make crypto great again, Blackrock iShares launches a bitcoin ETF in Canada, and crypto coins to consider during “alt-season.”

THE true identity of Bitcoin creator “Satoshi Nakamoto” is known, according to a crypto executive, with his wallet hitting an estimated $100 billion in value. Bitcoin’s

Several analysts say the US economy could be in peril. Will this provide investors with reasons to buy the Bitcoin price dip?

The National Bank of Canada sold Bitcoin-linked assets and ended its digital currency plans to focus on payment innovation.

Bitcoin’s MVRV will “spike vertically during a market top,” and its current level signals that there is still room for price growth ahead, says an analyst.

"Do not buy the dip yet. A move to the low 80s is on," the Standard Chartered analyst Geoff Kendrick said of the latest sell-off.

Bitcoin ( BTC -8.23%) has been the biggest headline maker, falling 8.2% over the past 24 hours as of 11:45 a.m. ET. Ethereum ( ETH -9.86%) is down 9.2% over that time, and Dogecoin ( DOGE -10.11%) is off 9.1%. The decline seems to have slowed, but it's not clear if there will be a recovery in trading today.