🇺🇸 Tariffs Blocked — But Is This a Real Breakout?
Bitcoin jumps on U.S. tariff news as shorts crowd in, yet liquidation asymmetry and macro risks still argue caution.
🪙 Crypto Market Overview
Bitcoin reacted positively after the U.S. Supreme Court blocked President Trump’s proposed trade tariffs.
The move makes intuitive sense. If tariff pressure eases and fiscal strain grows, Bitcoin once again enters the narrative as a hedge against expanding U.S. debt dynamics.
Interestingly, the tariff headlines completely overshadowed softer GDP data and firmer PCE inflation numbers — a mix that keeps the Federal Reserve boxed into a cautious stance.
That said, geopolitical tension remains a wildcard. Escalation risk in the Middle East could limit aggressive risk-taking over the weekend.
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