U.S. Supreme Court’s Decision on Trump’s Tariffs: Implications for Crypto Markets

2 mins mins

Key Points:

Supreme Court to decide on legality of Trump’s tariffs Friday.
Decision could affect billions in collected duties.
Markets anticipate potential fiscal impacts and legal actions.

White House economic adviser Kevin Hassett remarks the administration may resort to alternative strategies if the Supreme Court invalidates Trump’s “Liberation Day” tariffs this Friday.

A verdict against the tariffs could result in substantial fiscal liabilities, affecting U.S. equities and cryptocurrencies through heightened market volatility and macroeconomic uncertainty.

Supreme Court Weighs Billions in Potential Tariff Refunds

If overturned, the current tariff regime would potentially see billions refunded, impacting government finances and creating a lengthy legal process for companies seeking returns. The tariff case impacts broader macroeconomic stability as legal uncertainty grows.

Kevin Hassett, White House economic adviser, mentioned on January 9 that alternative measures exist if the Supreme Court rejects President Trump’s tariffs.

“We have a big Supreme Court case. I hope they do what’s good for our country. I hope they do the right thing. The president has to be able to wheel and deal with tariffs.” – Donald Trump, President of the United States [Source]

“Friday could be the worst day for markets in 2026 if the Supreme Court rules the tariffs unlawful. Tariff refunds could reach up to $600 billion.”

Crypto Markets Unaffected Amid Economic and Regulatory Turmoil

Did you know? The Supreme Court’s decisions can reshape economic policies and market dynamics significantly.

Bitcoin’s price, according to CoinMarketCap, remains at $90,164.90 amid market dominance of 58.48%. Despite a slight 0.57% uptick in 24 hours, Bitcoin (BTC) shows longer-term declines: -1.94% over 30 days, and -19.69% in three months. Market Cap stands at $1.80 trillion, with a trading volume drop of 13.04%.

bitcoin-daily-chart-5517 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 14:41 UTC on January 9, 2026. *Source: CoinMarketCap*

The Coincu research team highlights possible regulatory shifts affecting crypto, noting the macro-economic link to fiscal policies and the judiciary’s influence on global markets. Economic fundamentals might gain more predictability, reshaping how digital assets fare in risk-off environments.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.