Bitcoin Multi-Year Lifeline Faces Critical Test as Supreme Court Weighs Trump’s Tariffs | US Crypto News

Bitcoin and broader risk assets are facing heightened volatility on February 20, 2026, ahead of the U.S. Supreme Court's ruling on the legality of President Trump's 2025 tariffs, imposed under the International Emergency Economic Powers Act (IEEPA).

The case, consolidated as *Learning Resources, Inc. v. Trump* and *Trump v. V.O.S. Selections, Inc.*, challenges the President's authority to impose such sweeping trade tariffs. Lower courts previously ruled against the administration, and prediction markets suggest a high probability (around 74%) that the tariffs will be struck down.

If the tariffs are upheld, trade tensions, particularly with Canada, the EU, and China, could escalate. If struck down, importers may receive refunds for duties collected since early 2025. The financial impact, even based on lower revenue estimates than Trump claimed, could cause market chaos, affecting crypto, equities, and bonds. The ruling's timing, coinciding with key economic data releases like Q4 GDP and the PCE Price Index, is expected to amplify market turbulence, putting Bitcoin's current market position at $67,445 under significant pressure.

(Source：BeInCrypto)