BlockBeats news, on September 3, U.S. President Trump announced that he would urgently appeal to the Supreme Court to overturn the federal court ruling that "the majority of tariffs are illegal." He warned that if he loses, the U.S. may have to refund trillions of dollars in tariffs. This move highlights the legal risks of his trade policy and brings high uncertainty to global Supply Chain and markets. The U.S. dollar index weakened after the news, the stock market was under pressure, and investors turned to a wait-and-see approach. In the crypto market, BTC short-term support is located in the range of 109,000–109,300, with upper pressure concentrated around 113,500–114,000. Prices are oscillating around 111,000, and market Liquidity distribution shows intensified multi-short range-bound. Bitunix analysts suggest: The tariff dispute involving Trump adds uncertainty to the policy path, and if the U.S. dollar fluctuates further, it will increase the volatility of crypto assets. It is recommended to follow the progress of the U.S. Supreme Court's ruling and its subsequent impact on inflation and trade. From a technical perspective, BTC needs to maintain the 109,000–109,300 area, and breaking through 114,000 will open up upward space.
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Bitunix analyst: Trump tariff lawsuit intensifies, market uncertainty drags down encryption trend.
BlockBeats news, on September 3, U.S. President Trump announced that he would urgently appeal to the Supreme Court to overturn the federal court ruling that "the majority of tariffs are illegal." He warned that if he loses, the U.S. may have to refund trillions of dollars in tariffs. This move highlights the legal risks of his trade policy and brings high uncertainty to global Supply Chain and markets. The U.S. dollar index weakened after the news, the stock market was under pressure, and investors turned to a wait-and-see approach. In the crypto market, BTC short-term support is located in the range of 109,000–109,300, with upper pressure concentrated around 113,500–114,000. Prices are oscillating around 111,000, and market Liquidity distribution shows intensified multi-short range-bound. Bitunix analysts suggest: The tariff dispute involving Trump adds uncertainty to the policy path, and if the U.S. dollar fluctuates further, it will increase the volatility of crypto assets. It is recommended to follow the progress of the U.S. Supreme Court's ruling and its subsequent impact on inflation and trade. From a technical perspective, BTC needs to maintain the 109,000–109,300 area, and breaking through 114,000 will open up upward space.