๐จ U.S. Court vs. $TRUMP Tariffs: Bitcoin & Altcoins Under Pressure
A legal showdown over Trump-era tariffs is shaking up the crypto market. The latest U.S. court ruling striking down the "Liberation Day" tariffs has injected uncertainty, sending Bitcoin below $105K and testing critical support near $104K.
๐ป Market Impact:
BTC dipped below $105K, now eyeing the $104K zone as key support.
Altcoins like Ethereum and Solana also pulled back, with momentum weakening across major names.
The total crypto market cap has slid 2.56% to $3.35 trillion.
Sentiment remains in the "Greed" zone (Fear & Greed Index: 61), but traders are feeling the jitters.
๐ฐ What Happened?
A U.S. trade court ruled Trumpโs tariffs illegal, raising questions about $16 billion in potentially refunded duties.
The market initially dipped on the news, but a federal appeals court quickly paused the ruling, temporarily keeping the tariffs in place.
This flip-flop caused a brief market bounce, but gains faded as uncertainty lingers.
๐ก Why is $104K Important for Bitcoin?
$104K is a key technical level where past buyers stepped in. A break below could accelerate selling.
Watch for volume confirmation and momentum shifts around this zone.
โ๏ธ Bottom Line:
Legal uncertainty + tariff drama = market caution.
Stay alert for Bitcoinโs next move around $104K and keep risk tight!
๐ Follow for updates! ๐
