US Supreme Court rules some Trump tariffs were illegal
The news that the US Supreme Court has ruled a number of trade tariffs imposed by the Trump administration to be illegal has not had a significant impact on the price of Bitcoin. The cryptocurrency continues to remain within its usual range of fluctuations, despite the potential $150 billion refund from the illegal duties.
Analysts explain this by the fact that the Supreme Court's decision, although an important event from the point of view of international trade, does not generally have significant consequences for the cryptocurrency market. Bitcoin is largely reactive to internal factors such as institutional investor activity, news on the adoption of cryptocurrencies, and regulatory initiatives.
In addition, many experts believe that the price of Bitcoin in the short term will remain relatively stable, as the market is experiencing a lull before a possible increase in volatility in the coming months.