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Crypto Sees Relief Bounce As US Supreme Court Strikes Down Trump Tariffs — Here’s Why

BeInCrypto
The US Supreme Court's ruling against Trump-era tariffs boosted crypto and other financial markets.

Summary

The US Supreme Court ruled 6-3 against President Trump’s global tariffs, deeming them illegal. This decision immediately improved risk appetite across financial markets, including the cryptocurrency market, though traders are proceeding with caution. The ruling represents a significant setback for a key economic policy of the previous administration and has provided a temporary lift to crypto asset prices.

(Source:BeInCrypto)