Court Ruling Limiting Trump’s Tariff Powers Sparks Hope For Risk Asset Revival, Including Bitcoin
A federal court ruling striking down President Donald Trump‘s global tariff powers could stabilize macroeconomic volatility and rekindle investor interest in risk assets such as Bitcoin (CRYPTO: BTC) and altcoins, according to experts.
Market participants have hailed the recent federal court decision curbing presidential authority under the International Emergency Economic Powers Act (IEEPA) as a potential turning point in investor sentiment.
The ruling, delivered by the U.S. Court of International Trade, invalidated broad tariffs imposed by the Trump administration, raising hopes that fewer abrupt policy shifts could bring calm to turbulent markets.
Speaking with Benzinga, Marcin Kazmierczak, co-founder and COO of RedStone, noted that the decision has already generated a “temporary risk-on sentiment,” with U.S. equity futures rising 1.5% immediately after the news.
He cautioned, however, that “this represents just one step in an …
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