#数字资产行情上升 【This Supreme Court ruling could be more transformative than a rate cut】

The US judicial branch is about to make moves.

On January 9th, a court ruling triggered whispers across global markets. The focal point of the debate is actually quite simple:

Does the president's tariff authority have any limits?

What does this determine? If the court rules against the executive branch, the tariffs already collected could be deemed "procedurally unlawful"; the total amounts involved range from $750 billion to $1 trillion; the treasury could be forced to return approximately 50% of it.

For markets, this is not a small matter. Policy uncertainty often disrupts asset prices more than the policy itself. $BTC, $ETH, $SOL and other mainstream coins are all watching this development—once the direction of macro policy shifts, on-chain capital flows adjust accordingly.

If tariff policy changes, it means the global trade landscape needs to be reordered, which directly impacts corporate profit expectations and also affects the Fed's room for maneuver. Compared to fluctuations in A-shares and Hong Kong stocks, crypto market sensitivity is sometimes even higher.

So this Friday's ruling could be more significant than any interest rate adjustment.