The U.S. Supreme Court's ruling on former President Trump's tariff policies triggered volatility in the cryptocurrency market. After the announcement, Bitcoin's price surged nearly 2%, breaking through $68,000, but then retreated below $63,000 following the release of new tariff proposals, as investors began to weigh broader geopolitical risks. Analysts warn that although the uncertainty surrounding trade policies has increased market risk, macroeconomic and liquidity factors remain the primary drivers influencing cryptocurrency prices.
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The U.S. Supreme Court's ruling on former President Trump's tariff policies triggered volatility in the cryptocurrency market. After the announcement, Bitcoin's price surged nearly 2%, breaking through $68,000, but then retreated below $63,000 following the release of new tariff proposals, as investors began to weigh broader geopolitical risks. Analysts warn that although the uncertainty surrounding trade policies has increased market risk, macroeconomic and liquidity factors remain the primary drivers influencing cryptocurrency prices.