According to @StockMKTNewz, the US Court of International Trade has ruled that President Trump does not have the authority under economic emergency legislation to impose sweeping global tariffs, as reported by Axios (source: https://twitter.com/StockMKTNewz/status/1927866094066221342). This decision reduces the likelihood of sudden US trade restrictions impacting global markets, which may lead to lower volatility in risk assets, including cryptocurrencies. Traders should monitor potential ripple effects on Bitcoin and altcoins, as reduced trade tensions could strengthen market stability and support bullish sentiment in the crypto sector.

According to Stock Talk (@stocktalkweekly), the U.S. Court of International Trade has ruled that President Trump's tariffs are invalid under the International Emergency Economic Powers Act (IEEPA), stating the president lacks the authority to unilaterally impose tariffs. This decision reduces policy-related uncertainty in global trade, potentially supporting risk-on assets such as Bitcoin and other cryptocurrencies, which often benefit from increased investor confidence during periods of regulatory clarity. Traders should monitor for shifts in dollar strength and global equity markets, as reduced trade tensions may lead to short-term bullish momentum in the crypto sector. (Source: Stock Talk, May 28, 2025)