#TradingTypes101 Bitcoin wavers after court ruling invalidates Trump's tariffs.

Bitcoin experienced slight instability

following a surprising decision by the U.S. International Trade Court that annulled the tariffs imposed by President Donald Trump. The ruling, which considers these tariffs an overreach of power under the International Emergency Economic Powers Act (IEEPA), caused a reallocation of capital towards traditional stock markets, momentarily weakening the momentum of the leading cryptocurrency.

A ruling with global economic implications

The court determined that Trump acted without the proper authorization from Congress when imposing widespread tariffs, which violates the legal framework regulating U.S. trade policy. As a result, the government was ordered to cease the implementation of these taxes within 10 days. However, the administration has appealed, and an appeals court allowed them to remain provisionally while the final legality of the measure is assessed.

This ruling immediately impacted Wall Street: Nasdaq futures climbed 1.4%, the S&P 500 advanced 1%, and the Dow Jones rose 0.4%. The strengthening of traditional markets led to a partial capital exit from the crypto market, temporarily affecting the price of Bitcoin, which fell slightly to settle around $106,000.