BTC price is up almost 4% today as the U.S. is set to hold tariffs on China steady — Source: CoinGape Bitcoin has climbed above $67,000 today, up over 5% on the day. This comes amid revelations that the U.S. won't hike the tariffs on China. Bitcoin is also rising as crypto traders predict that Nvidia will beat earnings. The BTC price is up today, rising above the psychological $67,000 level. This comes amid U.S. Trade Representative Jamieson Greer’s statement that the U.S. won’t hike tariffs, a mo ...

Core Viewpoint - The Supreme Court's ruling against President Trump's tariffs is expected to exacerbate global trade tensions and negatively impact the U.S. economy, according to economists [1][5]. Group 1: Supreme Court Ruling and Tariffs - The Supreme Court ruled 6-3 that President Trump lacked the legal authority to impose tariffs under the International Emergency Economic Powers Act [2]. - Following the ruling, Trump announced new tariffs of up to 15% on various U.S. trading partners, escalating trade tensions further [3]. Group 2: Economic Implications - Economists warn that the ongoing trade turmoil could lead to a cautious business climate, resulting in reduced investment, hiring, and expansion by U.S. companies [6][7]. - The perception of the U.S. as a poorly managed economy may drive foreign governments to reduce trade with the U.S. and seek alternative partners, including China [7]. Group 3: Future Trade Policies - The Trump administration plans to continue its trade policy by utilizing various sections of the Tariff Act of 1974, including section 122, which has a limited effectiveness period [9][10]. - While some economists suggest that the immediate impact of the new tariffs may be minimal, the long-term effects remain uncertain, with potential future tariffs affecting goods prices [11][12]. Group 4: Global Trade Dynamics - China's exports grew by 6.6% in December compared to the previous year, indicating a strong trade performance that could be influenced by the shifting U.S. trade policies [8]. - The overall trend suggests a movement towards deglobalization, which could weaken the U.S. economy in the long run [13].

U.S. equity markets faced a wave of intense selling pressure on Monday, February 23rd, 2026, as investors grappled with a sudden escalation in global trade tensions and a landmark Supreme Court ruling. The major indexes opened in the red and remained under pressure throughout the session, driven by a "risk-off" sentiment that permeated nearly every sector. The volatility was sparked by a 6-3 Supreme Court decision that curtailed the executive branch's authority to impose certain reciprocal tariffs under the ...

Bitcoin’s price fell 3% on Monday to just under $65,000 after $434 million in long positions were liquidated amid fresh market uncertainty. The losses followed signals from White House officials on Sunday that indicated that previously negotiated trade agreements would remain intact, despite a Supreme Court decision invalidating US President Donald Trump’s use of emergency powers to impose global tariffs. In a social media post on Saturday, Trump said he’d raise the global tariff rate from 10% to 15%, j ...

Group 1 - The U.S. Supreme Court's ruling against President Trump's tariffs has enhanced China's negotiating position ahead of the upcoming summit with President Xi Jinping [1][2] - Analysts suggest that the ruling limits Trump's ability to impose tariffs, thereby reducing pressure on China to increase purchases of U.S. agricultural products and energy exports [3][4] - The decision may complicate Trump's efforts to secure commitments from China for significant purchases of U.S. soybeans, Boeing aircraft, and energy exports [3][4] Group 2 - China is expected to leverage the ruling to advocate for the easing of U.S. technology export controls and the removal of certain Chinese entities from U.S. sanctions lists [5] - The ruling is seen as a strategic advantage for China in negotiations, allowing it to push for the removal of remaining tariffs related to fentanyl [4][5] - The dynamics of the trade truce negotiations may shift as a result of this ruling, potentially affecting future U.S.-China trade relations [2][3]

In one respect this decision is not altogether surprising.The way the Supreme Court hearings were going, this seemed the most likely decision from the US judiciary. Even so, it's an enormous blow to the Trump regime.The best place to begin understanding this is to go all the way back in history to the US constitution.At the heart of it was the notion that the president should not have the unilateral power to set taxes which, back then at least, mostly consisted of tariffs. Tariffs, in other words, needed to ...

Market Performance and Investor Sentiment - The U.S. stock market experienced a significant one-session gain on February 6, with the S&P 500 recording its largest increase since May 2025, yet Goldman Sachs cautioned that investors are not fully secure [1] - The first week of February saw a drop that prompted trend-following algorithmic funds to continue selling equities, with potential sell-offs of approximately $33 billion if the downtrend resumes, and about $15.4 billion in a sideways market [3] Volatility and Market Risks - Goldman Sachs highlighted that thin liquidity and a predominance of net short positions could exacerbate market volatility and lead to substantial losses in the second week of February [4] - The January U.S. jobs report indicated a risk of a significant stock market sell-off, with 108,435 job cuts reported, marking a 118% increase compared to January 2025, the highest number of layoffs for the start of a year since 2009 [5][6] Impact of AI and Job Cuts - The job cuts in January are attributed to pressures from the AI boom and global trade disruptions, with major tech companies like Amazon, UPS, and Target implementing significant layoffs [6][7] - The AI sector's need to generate trillions in revenue by 2030 for investments to be viable is seen as unrealistic, with many recent investment agreements appearing to have faltered [9][10] Trade War and Economic Strain - President Trump's tariff war has led to instability, with reports indicating that 96% of added costs have been absorbed by American consumers, affecting their economic contributions [12] - The trade war's volatility may worsen if the U.S. Supreme Court rules against the tariffs, which could lead to a collapse of the policy [13]

Tax Legislation Impact - The recent tax legislation is expected to result in larger refunds for millions of taxpayers, with an average increase of about $1,000 due to several substantive changes in individual income taxes [2][5] - Key changes include a $200 increase in the maximum child tax credit, a larger standard deduction, and increased itemized deductions for state and local taxes, benefiting many middle-income households [4][5] - By 2026, it is projected that 71% of taxes will be paid by the top 20% of earners, indicating a continued tilt in the tax burden towards higher-income individuals [5] Long-term Economic Benefits - The primary advantage of the tax reform lies in improved incentives for business investment, which are expected to enhance long-term economic growth [6][7] - Permanent fixes allowing full expensing for equipment and research and development are anticipated to boost innovation, hiring, and investment, potentially making the economy 1% larger in the long run [7] Trade War Challenges - The ongoing trade war, particularly under President Trump's administration, is seen as detrimental to workers and the economy, contributing to a shrinking manufacturing sector and price pressures on imports [8]

Market Overview - Bitcoin USD price is currently under pressure, struggling to break above the $90,000 resistance level, with lower odds of a rally compared to a potential price slump [1] - The price has been moving sideways since November 21, with a range between $95,000 and $84,000, currently around the mid-point, favoring sellers from October [2] Recent Price Movements - Bitcoin price experienced a significant drop during the Asian session, falling to as low as $86,000, but was later supported by buyers, stabilizing around last week's range [4] Investor Sentiment - Following a disappointing Q4 2025, investors are shifting towards safer assets, with the USD being the preferred choice, indicating a cautious market sentiment [3] - The outflow to safety is making the crypto market, including Bitcoin, more fragile [4] Geopolitical Factors - Bitcoin's performance this week is heavily influenced by US-EU relations regarding Greenland, with ongoing geopolitical tensions expected to impact investor confidence [5] - Concerns about a potential US government shutdown are rising, with the likelihood increasing from below 30% to over 80%, creating fears of "dollar-debasement" [6][7]

Core Viewpoint - Donald Trump has threatened to impose a 100% tariff on Canadian goods if Canada proceeds with its trade deal with China, which includes lowering tariffs on Chinese electric vehicles in exchange for reduced import taxes on Canadian agricultural products [1][3]. Group 1: Trade Relations - Canada has negotiated a trade agreement with China that aims to lower tariffs on Chinese electric vehicles while seeking lower import taxes on Canadian farm products [1]. - Trump expressed that if Canada acts as a "Drop Off Port" for Chinese goods, it would face severe consequences, including a 100% tariff on all Canadian goods entering the U.S. [2][3]. - The Canada-US-Mexico Agreement has provided Canada with some protection against existing tariffs, but this agreement is due for review this year [4]. Group 2: Political Dynamics - The relationship between Trump and Canadian Prime Minister Mark Carney has deteriorated, with Trump referring to Carney as "Governor Carney," a nickname he previously used for Justin Trudeau [3]. - Carney has called for a new alliance to counter American and Chinese aggression during a speech at Davos, while Trump emphasized the importance of the U.S. to Canada's existence [7]. - Trump's revocation of Carney's invitation to join his "Board of Peace" reflects the ongoing tensions and shifting political dynamics between the two leaders [10].