• Bitcoin pops then drops as Supreme Court strikes down Trump tariffs As has been typical in crypto markets of late, even the most modest move higher was met with immediate selling. • What to know: The U.S. • Supreme Court struck down President Trump’s tariffs. • The news quickly sent bitcoin higher by about 2% to above $68,000, but the gains proved fleeting, with BTC quickly returning to the $67,000 level. • economic data showed slower than expected economic growth alongside higher than hoped inflation. • Supreme Court on Friday struck down President Trump’s tariff regime in a 6-3 decision.
Article Summaries:
- The U.S. Supreme Court’s Friday ruling struck down President Trump’s tariff regime, citing lack of historical precedent and overreach. The decision sent Bitcoin briefly higher, climbing about 2 % past the $68,000 mark before retreating to just below $67,000. The crypto move mirrored a broader market pattern where gains were short‑lived. Meanwhile, U.S. economic data released earlier showed modest 1.4 % growth in the final quarter of 2025 and a 3 % rise in core consumer inflation, underscoring a stagflationary environment. The court’s decision and the mixed economic signals contributed to a cautious market mood.
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