#数字资产行情上升 【This Supreme Court Ruling Could Be More Pivotal Than a Rate Cut】

The US judicial branch is about to make a move.

On January 9th, a court ruling sparked quiet discussions across global markets. The focus 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 amount involved ranges from $750 billion to $1 trillion; the treasury might have to return approximately 50% of it.

For the market, this is no small matter. Policy uncertainty often disrupts asset prices more than the policy itself. $BTC, $ETH, $SOL and other mainstream coins are all watching this opening—once the direction of macroeconomic 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 maneuvering. Compared to the volatility in A-shares and Hong Kong stocks, crypto markets sometimes show even higher sensitivity.

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