The most important agenda item this month was the Supreme Court tariff decision, and the MSCI delist decision will come on January 15. BTC has already turned down because there is an important development on the Supreme Court front. We may see cryptocurrencies decline over the next 4 days because the uncertainty that tariffs will trigger is worrying.
Why Are Cryptocurrencies Falling?
Supreme Court He will make his decision on customs tariffs on Friday. According to the announcement published on the court’s website, the judges met after returning from a four-week vacation. Friday’s merger is now expected to be about the decision, as the court quickly took up the issue of tariffs in its November hearing.
trump He said today he hoped the Supreme Court would rule in his favor, signaling Friday’s decision. The tariffs are likely to be rescinded because lower courts have found Trump to have imposed tariffs without authorization, and court members signaled against Trump at a hearing in November.
Cancellation of tariffs This means that all the bargaining processes we have experienced over the past year and the declines resulting from showdowns have been wasted. The uncertainty brought by this will negatively affect cryptocurrencies, at least in the short term, and Trump will seek alternative sanctions.
