Bitcoin dipped after Trump boosts global tariff to 15% despite Supreme Court rebuke Bitcoin briefly ticked up before sliding on Saturday after former President Donald Trump announced an immediate increase in a global tariff to 15%, a move he said he was implementing “effective immediately” on his Truth Social account. The post came after the U.S. Supreme Court struck down earlier trade actions that had been taken under the International Emergency Economic Powers Act (IEEPA), a decision Trump called “anti-American.” Markets reacted quickly. Bitcoin rose roughly 0.5% right after the announcement but then reversed course, losing nearly 1% and settling around $68,000 (reported earlier as $67,997.45). Ether also softened, down about 0.45% to roughly $1,980. Trump said the administration will “determine and issue the new and legally permissible tariffs” in the coming months. The 15% rate is an escalation from a previously announced 10% global tariff that he had introduced in response to the court ruling that limited his prior tariff authority. The episode highlights how political and trade policy headlines can move crypto markets: uncertainty around tariffs and trade power can ripple through risk assets as investors reassess growth, supply chains and dollar flows. For more on the Supreme Court decision and what it could mean for markets and crypto, see our deeper coverage. Read more AI-generated news on: undefined/news

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