Supreme Court Tariff Ruling Has Limited Impact on Markets
The Supreme Court has made a significant decision regarding President Trump's tariffs, ruling that they exceeded his authority under the International Emergency Economic Powers Act. The court's decision was announced on Friday and marked a major development in a long-standing controversy.
However, markets reacted surprisingly calmly to the news, with Bitcoin prices fluctuating in response but ultimately showing little change. USDT supply decreased by nearly $4 billion from its local peak, while other cryptocurrency prices were also affected.