Federal Court Limits Trump’s Tariff Authority, Affecting Markets

A federal court ruled that former President Trump exceeded his authority in implementing tariffs without Congressional approval, significantly impacting market sentiment and Bitcoin’s performance. The ruling disrupts the economic landscape and raises questions about future financial dynamics. Analysis suggests this decision may cause a shift in asset correlations, particularly between Bitcoin and the S&P 500, similar to historical patterns seen with trade sanctions. Experts point out the importance of remaining informed regarding legal decisions and macroeconomic events that may influence trading strategies.