Trump announces $2,000 tariff ‘dividend,’ here is how it will affect crypto

💡 DMK Insight

The Supreme Court ruling could make or break the current crypto rally investors are banking on. While the announcement has sparked optimism, it’s crucial to remember that the market’s reaction is heavily contingent on this legal decision. If the ruling favors the proposed stimulus, we could see a significant influx of capital into crypto, potentially pushing prices higher. Conversely, a negative outcome could lead to a sharp correction, especially for assets that have already rallied on this news. Traders should keep an eye on key resistance levels and be prepared for volatility as the ruling date approaches. This situation also impacts correlated markets, particularly equities that are sensitive to regulatory news. Watch for any shifts in trading volume or sentiment as we near the decision, as these could signal how traders are positioning themselves ahead of the ruling.