Bitcoin was trading around $78,900 on Wednesday, September 9, caught between the escalating trade war with Canada and the surge in oil prices following U.S. strikes on Iranian tankers. Donald Trump signed new decrees banning several Canadian imports starting September 29, in response to Ottawa’s $20 billion in tariff retaliations. On the energy front, U.S. forces destroyed five Iranian oil tankers in the Gulf of Oman, pushing Brent crude to nearly $99 ($98.90) and WTI above $93 ($93.83). Spot Bitcoin ETFs nevertheless attracted $3.5 billion in August, their best month since September 2025. Two major events loom: the Senate vote on the CLARITY Act on September 15 and the Fed decision the following day, with rate hike probabilities exceeding 60 %. Technically, the $77,057 support level remains closely monitored.
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