Bitcoin Rises After Supreme Court Rules Against Trump Tariffs
Decrypt
by André BeganskiFebruary 20, 2026
AI-Generated Deep Dive Summary
Bitcoin prices rose following a Supreme Court ruling that invalidated most of President Trump's tariffs, which were deemed to exceed his authority under the International Emergency Economic Powers Act (IEEPA). The digital asset initially dropped alongside gold but later rebounded, reflecting broader market sentiment tied to economic and geopolitical uncertainties. Bitcoin reached around $67,271 at the time of reporting, marking a 1% increase over the previous day.
The Supreme Court's decision highlighted concerns about the potential financial implications of tariff refunds, with Justice Brett Kavanaugh cautioning that resolving this issue could create significant challenges. This ruling also underscores limitations on presidential authority under IEEPA, addressing fears that Trump's aggressive tariff policies could disrupt global trade and inflate economic tensions during his tenure.
For crypto enthusiasts, the ruling signals a shift in market dynamics tied to macroeconomic factors. Gold prices rose alongside Bitcoin, indicating a flight to safety amid geopolitical instability. While the decision won't dismantle all tariffs, it curtails presidential overreach, potentially reducing fears of prolonged trade disputes and runaway inflation that had previously weighed on markets.
This outcome reinforces the interconnectedness of traditional and crypto markets, where economic policies and judicial decisions can influence investor sentiment. As global trade tensions ease, cryptocurrencies may continue to benefit from stabilizing market conditions and reduced uncertainty. The ruling also highlights how broader economic trends—rather than just cryptocurrency-specific factors—play a critical role in shaping Bitcoin's price trajectory.
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Originally published on Decrypt on 2/20/2026