Supreme Court Delay on Trump Tariffs Ruling Creates Market Uncertainty
The U.S. Supreme Court's postponement of a decision regarding Trump-era tariffs has injected fresh uncertainty into markets, with crypto traders monitoring potential Ripple effects. The case hinges on a 1977 emergency law interpretation that could redefine presidential trade authority.
While no direct crypto impact is immediately apparent, the delay comes during a sensitive period for risk assets. Bitcoin (BTC) and ethereum (ETH) showed muted reaction, though trade-sensitive altcoins like FIL (Filecoin) and SAGA remained volatile. Exchange flows on Binance and Coinbase suggested cautious positioning ahead of the January 14 decision timeline.
White House economic adviser Kevin Hassett maintained confidence in the administration's legal position. Market analysts suggest prolonged uncertainty could benefit decentralized finance (DeFi) assets like DAI and SUSHI as traditional markets weigh regulatory outcomes.