Today was an important day for the uncertainty over cryptocurrencies to weaken. Just as expected, the tariff decision was made at 18:00 and the decision was exactly as expected. confirming lower courts Supreme Court He said Trump overstepped his authority. Trump was very angry about this. In cryptocurrencies sales have been ongoing for a long time and may accelerate.
US Investors Are Selling
Coinbase Premium Index is closely monitored to understand the situation of US-based individual investors. The index has been in the negative zone for exactly 36 days, meaning American investors have been selling and avoiding buying. With today’s tariff decision, Trump will refund 150 billion dollars in customs duties and his promise of trillions of dollars of investment will be in vain.
Yet Bitcoin Even if he doesn’t care, we will see the tariff uncertainty in 2025 re-experienced in a different way. Trump said things like “the courts are corrupt, they should do something about it” today. The President of the USA, who has distributed democracy to the world, is threatening to surreptitiously strangle the judiciary. Interesting days.
The ongoing uncertainty regarding tariffs had a role in the decline we have experienced since November. So Bitcoin and cryptocurrencies Although they did not experience a sharp decline with the announcement of the decision, they do this because they have already priced it to a large extent. The real problem is the content of Trump’s alternative paths, which “nobody knows” right now. Even worse, the crazier things Trump can do. The news coming in the coming days and hours will be very decisive for cryptocurrencies.
If the USA hits Iran with “limited force” on Sunday morning, this will be the strawberry on the cake amid the chaos.
Bitcoin has been trading lower than the price paid by recent buyers for more than 100 days. This pain that investors have to face points to worse things to come for cryptocurrencies as sales accelerate.
The Next Hours Are Critical
We will see Trump make a comprehensive statement in a few hours. The Supreme Court will speak about the tariff decision. If nothing goes wrong, the announcement is expected to start around 20:45. After the President’s historic decision invalidating the tariffs he imposed based on the IEEPA law, Trump is expected to make very harsh statements about the court and new tariff plans in this speech.
The tone of harshness here is very important. His statements about tariffs last year always brought a decline. Now we will watch how he will bring his trading partners to their knees with the authority to impose 15% tariffs for 6 months. trump He said before that he would try every way, now we will see which ways he will try. It wouldn’t be surprising if countries said things like “we’ll shoot them if they cancel investments.” When it comes to Trump, you don’t have the luxury of being surprised by anything.
