US Supreme Court Has Clipped Trump’s Wings, But Uncertainty Remains for the Crypto Market

TheNewsCryptoPublished on 2026-02-23Last updated on 2026-02-23

Abstract

The US Supreme Court has reduced President Trump's tariff authority, lowering rates from 15% to 10%, but global uncertainty persists. This has negatively impacted the crypto market, with Bitcoin to fall below $65k and the total market cap nearing $2 trillion after a 4.43% drop. Market volatility remains high, and a correction is anticipated. In contrast, Gold and Silver have gained positive momentum as alternative investments. Experts warn that uncertainty continues to influence economic forecasts and investment decisions.

The US Supreme Court has struck down tariffs imposed by US President Donald Trump; however, there is still uncertainty worldwide about his next steps. For the crypto market, the sentiment has brought massive dips, with the collective market cap heading over to the $2 trillion mark. Gold and Silver have, so far, defied this uncertainty.

Trump Tariff Gone Following US Supreme Court Verdict

Trump made the best of the International Emergency Economic Powers Act in implementing heavy tariffs on nations. The US Supreme Court has now clipped his wings and has brought down the rate to 10%. He has raised the rate to 15%, and this has become one of the moments triggering uncertainty across the globe.

Wendy Cutler, a former U.S. trade official, believes that uncertainty gives Trump additional leverage beyond tariffs, and people are, therefore, worried about what he’ll do next. For now, new tariffs imposed would take longer to come into effect – depriving Trump of the power to use them as a power move.

Uncertainty for Crypto Market

Even the US Supreme Court striking down high tariffs has not brought relief for the crypto market. Crypto enthusiasts are aware of his unpredictable moves. Thereby causing uncertainty when allocating funds to a risky venture.

The impact is evident from the fact that BTC, the flagship token, has slipped below the $65k mark when the article is being written. The collective market cap is inching closer to the $2 trillion mark after the recent drop of 4.43%. The FGI reportedly shifted to a single digit briefly, but it has regained a double digit number of 14%.

BTC price, specifically, is down by 4.19% over the last 24 hours and 4.70% in the last 7 days. Volatility is very high at 11.03%, and a correction is anticipated within 3 months. It is recommended not to take the content of this article as a recommendation or advice. Do thorough research and risk assessment instead.

Performance of Alternatives

St. Louis Federal Reserve President Alberto Musalem has also flagged uncertainty despite the US Supreme Court striking down Trump’s tariffs. He has said that he would keep his economic forecast unchanged and talk to CEOs to know how they are managing the uncertainty. Meanwhile, Gold and Silver, as alternatives, were last seen gaining a positive momentum.

Gold surged by 1% to $5,159.76, and Silver jumped by 2.64% to $86.80, after trading above $87 for a few moments. Gold and Silver, therefore, continue to come up as better alternatives to cryptos in uncertainty.

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Related Questions

QWhat was the impact of the US Supreme Court's decision on Trump's tariffs?

AThe US Supreme Court struck down the tariffs imposed by President Trump and reduced the rate to 10%, clipping his wings and removing his ability to quickly implement new tariffs as a power move.

QHow has the crypto market reacted to the uncertainty surrounding Trump's next steps?

AThe crypto market has experienced significant dips, with the collective market cap approaching the $2 trillion mark and Bitcoin falling below $65,000, reflecting heightened uncertainty and risk aversion.

QWhat is the current performance of Bitcoin according to the article?

ABitcoin is down 4.19% over the last 24 hours and 4.70% over the last 7 days, with high volatility at 11.03%, and a correction is anticipated within three months.

QHow have Gold and Silver performed as alternative investments during this period of uncertainty?

AGold and Silver have gained positive momentum, with Gold surging 1% to $5,159.76 and Silver jumping 2.64% to $86.80, positioning them as better alternatives to cryptocurrencies in times of uncertainty.

QWhat did former U.S. trade official Wendy Cutler say about Trump's leverage beyond tariffs?

AWendy Cutler believes that uncertainty gives Trump additional leverage beyond tariffs, causing worry about his next moves, though new tariffs would now take longer to implement, reducing his immediate power.

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