The U.S. Supreme Court delivered a landmark 6-3 ruling declaring President Donald Trump’s broad global tariffs unlawful, dealing a major blow to a cornerstone of the White House’s economic policy. The ruling immediately boosted risk-on sentiment in financial markets, and the cryptocurrency market followed suit. However, market participants are watching the developments closely going forward. Investors remain cautious as the implications unfold.
The decision upends a central policy pillar and signals a shift in the regulatory landscape affecting trade. The crypto market led the rally, but indicators across equities and fixed income suggest a broader reassessment of risk.
As regulators weigh further actions, volatility could rise in the short term until policy clarity emerges. Traders should monitor announcements from federal agencies and major exchanges for renewed guidance.
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