Supreme Court Ruling Reduces Tariff Rate, But Crypto Market Remains Volatile

The US Supreme Court's recent decision to strike down tariffs imposed by President Trump has sparked both relief and uncertainty worldwide. The court's ruling reduces the tariff rate from 15% to 10%, but experts warn that Trump's unpredictable nature may still impact global markets.

Crypto enthusiasts are particularly concerned about the president's next moves, as his previous actions have triggered significant price drops in Bitcoin (BTC) and other cryptocurrencies. In fact, BTC has slipped below the $65k mark, while the collective market cap is inching closer to the $2 trillion mark after a recent drop of 4.43%.

Gold and Silver, on the other hand, have defied this uncertainty by gaining momentum. Gold surged by 1% to $5,159.76, while Silver jumped by 2.64% to $86.80. This has led some investors to consider them as better alternatives to cryptos in times of uncertainty.