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