The U.S. Supreme Court has ruled that President Donald Trump's 'Liberation Day' tariffs exceeded his legal authority, striking them down under the International Emergency Economic Powers Act. According to NS3.AI, the initial market reaction was mild, with Bitcoin experiencing a brief dip before recovering. However, a larger sell-off followed as political and economic uncertainty persisted. President Trump has announced a new tariff under a different legal basis, adding to the mixed narratives surrounding cryptocurrency and potential political shifts that could influence future crypto legislation.
