US: Supreme Court ruling reshapes trade tools – NBC

💡 DMK Insight

The U.S. Supreme Court’s ruling on tariffs could reshape market dynamics, especially for crypto assets like ETH and ADA. With ETH currently at $1,913.63 and ADA at $0.27, the halving of average effective tariff rates might signal a more favorable environment for tech and crypto sectors. Lower tariffs could enhance profit margins for companies involved in blockchain technology, potentially driving up demand for cryptocurrencies. However, the White House’s ability to maintain high tariffs means traders should remain cautious. This ruling doesn’t eliminate tariff risks; it merely alters the landscape. Watch for how this impacts related sectors, particularly tech stocks that are closely tied to crypto adoption. In the short term, keep an eye on ETH’s support around $1,900 and ADA’s resistance at $0.30. A breach of these levels could indicate broader market sentiment shifts. If institutional players react positively to this news, we might see increased buying pressure in the crypto markets, but volatility could spike as traders digest the implications.