Bitcoin Rises After Supreme Court Rules Against Trump Tariffs

💡 DMK Insight

Bitcoin’s recent uptick is more than just a reaction to political news—it’s a signal of shifting market sentiment. The Supreme Court’s ruling against Trump’s tariffs could ease trade tensions, potentially boosting economic stability and risk appetite among investors. For traders, this means a closer watch on Bitcoin’s correlation with traditional markets, especially equities. If Bitcoin continues to rise, it might indicate a broader bullish sentiment, especially if it breaks through key resistance levels. Keep an eye on the $30,000 mark; a sustained move above this could attract more institutional interest. Conversely, if the market reacts negatively to any fallout from this ruling, we could see Bitcoin retrace, which would be a critical point for short-term traders to monitor. Here’s the thing: while mainstream coverage might focus solely on the political implications, the real story is how this affects crypto’s role as a hedge against uncertainty. Watch for volatility in the coming days as traders digest this news and adjust their positions accordingly.