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The cryptocurrency market, including Bitcoin, staged a broad relief rally after the U.S. Supreme Court ruled unconstitutional the Trump administration’s universal tariff policy, easing market uncertainty.
According to crypto-focused media outlet BeInCrypto on February 21 (local time), the U.S. Supreme Court determined that President Donald Trump’s global tariff policy was unlawful. The ruling delivered a significant blow to one of the White House’s core economic policies while simultaneously acting as a catalyst that reinvigorated financial markets, which had been weighed down by concerns over tariff-driven inflation and fears of a trade war.
As soon as news of the ruling broke, speculation emerged about the possibility of up to $150 billion in tariff refunds, rapidly boosting risk appetite across financial markets. The crypto market also benefited from the positive momentum, with Bitcoin (BTC) surging temporarily and snapping its recent downtrend. Investors expect that the nullification of tariffs could stabilize import prices and stimulate consumption, creating a macroeconomic environment more favorable for risk assets such as cryptocurrencies.
Following the ruling, Bitcoin posted short-term gains and attempted a price recovery but later gave back part of its advance as the market paused for consolidation. Experts noted that while the decision is positive in that it removes significant uncertainty, the market’s direction will depend on how the administration responds and on upcoming economic data releases. Major altcoins, including Ethereum (ETH), also rebounded in tandem with Bitcoin’s movement.
With the White House’s tariff policy losing its legal basis, President Trump is now expected to revise his broader economic roadmap. Market analysts believe the ruling could also have a psychological impact on other deregulation efforts, including proposed legislation to reshape the U.S. cryptocurrency market structure. As the Supreme Court’s decision underscored checks and balances grounded in the rule of law, participants in the digital asset market expressed relief over increased policy predictability.
Ultimately, the Supreme Court’s decision has created an environment in which the cryptocurrency market can shift its focus away from policy uncertainty and return to fundamentals and supply-demand dynamics. If the projected $150 billion in refunds flows into the market, the resulting liquidity injection could provide additional upward momentum. Investors are closely watching the long-term economic ripple effects of the ruling, particularly whether Bitcoin can break through its next resistance level.
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