Bitcoin ignores US Supreme Court Trump tariff strike amid talk of $150B refund

CoinTelegraph

by William Suberg

February 20, 2026

AI-Generated Deep Dive Summary

Bitcoin’s price remained stable within a downward trend as the U.S. Supreme Court ruled that certain trade tariffs imposed by former President Donald Trump were illegal and could be subject to refunds totaling $150 billion. The cryptocurrency showed choppy trading following Friday’s Wall Street open, with markets reacting to the legal developments surrounding the tariffs. While the decision has sparked a modest response from risk assets, it remains unclear how this ruling will impact broader economic conditions or digital currencies like Bitcoin in the long term. The Supreme Court’s ruling focused on specific trade tariffs that were deemed unconstitutional under international law. The decision could have far-reaching implications for U.S. trade policies and relations with other countries. Some market participants interpreted the ruling as a potential boost to risk assets, including cryptocurrencies, which often thrive in environments of economic uncertainty or policy change. For crypto enthusiasts and investors, this news highlights the interconnectedness of traditional financial markets and digital assets. While Bitcoin has historically been seen as a hedge against inflation and geopolitical instability, its price movements are also influenced by broader macroeconomic factors like trade policies and legal decisions. The $150 billion refund figure has drawn attention, but it is important to note that this amount represents the potential liability for the U.S. government, not an immediate injection of capital into global markets

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Originally published on CoinTelegraph on 2/20/2026