Catenaa, Sunday, March 01, 2026- Cryptocurrency prices climbed Friday after the U.S. Supreme Court struck down President Donald Trump’s sweeping tariff regime, ruling he lacked authority under the International Emergency Economic Powers Act to impose broad global duties.
Bitcoin rose about 1.75% to $67,769 shortly after the decision. Ethereum gained more than 2% to trade near $1,960. Solana climbed over 4% to about $84, while XRP advanced roughly 1.55% to $1.42, according to market data.
Crypto-related equities also moved higher. Shares of Fold rose more than 4.6%. Coinbase gained 3.52% to $171.78, reflecting broader risk appetite across digital asset markets.
The court’s decision casts uncertainty over trade policies that economists said weighed on the US and global economy. Analysts suggested the removal of sweeping tariffs could weaken Treasury demand and the dollar while supporting equities and digital assets.
Market observers noted bitcoin had traded between $65,000 and $70,000 for two weeks. A sustained move above $70,000 could signal renewed bullish momentum, while holding $65,000 may serve as near-term support.
Some research analysts argued that reduced tariff revenue may widen fiscal gaps, potentially increasing monetary easing pressures. Bitcoin is often viewed by investors as a hedge against inflation and currency debasement.
A study by Cato Institute estimated that 60% of total tariff revenue in 2025 stemmed from measures enacted under the emergency powers law.
