Analyst warns Trump tariff ruling could weaken dollar
Yahoo Finance·2026-02-21 12:41

Group 1 - The Supreme Court's ruling on Trump's tariffs may lead to a lack of tariff revenues, which could accelerate money printing and currency debasement [1] - Bitcoin is viewed as a hedge against currency debasement due to its capped supply of 21 million coins, making it less susceptible to inflation compared to fiat currencies [2] - Concerns about the U.S. dollar losing value have increased as the national debt surpassed $38 trillion, leading to heightened interest in Bitcoin as a store of value [3] Group 2 - Following the Supreme Court ruling, markets reacted positively, with the S&P 500 rising by 0.18% and the Nasdaq Composite gaining 0.45% [5][6] - Bitcoin experienced a significant price surge in late October 2025, briefly exceeding $110,000, but has since declined to around $67,000, approximately 64% below its peak [4]