Donald Trump's tariff decision could have a huge impact on Bitcoin's price. | Credit: CCN.
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Bitcoin could face the “dump of a lifetime” if the Supreme Court rules Trump’s tariffs illegal, says a popular commentator.
Prediction markets show a 73% probability that the Supreme Court will strike down the tariffs.
Market reactions are split.
A famed crypto commentator has warned that Bitcoin’s (BTC) price could face the “dump of a lifetime” if U.S. President Donald Trump’s global trade tariffs are struck down by the Supreme Court, as prediction markets increasingly price in that outcome.
The warning comes as Trump himself has described the potential overturning of his tariffs as a “complete mess,” stating it would be “almost impossible” for the U.S. to repay.
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One X user noted the apparent contradiction in market behavior: “The market is so bipolar. Crashes when tariffs are added, and now it’s supposed to crash if they get removed?”
Another argued the opposite outcome could occur, while William Watson of Rise Up Media highlighted the unpredictability:
“I feel like there’s a strong case for either scenario. Illegal = businesses get reimbursed and profit margins improve and they can hire more people. Market pumps. But also = confusion across all global trade for a few weeks. Market dumps.”
What Happened To Bitcoin’s Price When Tariffs Were Imposed?
Equity markets fell, while Bitcoin and Ethereum prices declined as risk-averse traders sought less volatile assets.
Some crypto traders now argue that the opposite could happen if the Supreme Court rules the tariffs illegal.
They suggest that overturning the levies could improve U.S. business profit margins, encourage hiring, and potentially trigger a market rally—including in BTC.
Trump Warns of “Complete Mess” if Tariffs Struck Down
Trump has repeatedly warned that overturning his tariffs would create logistical and financial chaos.
In a social media post, he wrote: “WE’RE SCREWED” if the Supreme Court rules against the tariffs, noting that reimbursing businesses and foreign governments could take years.
Donald Trump claimed it would be “almost impossible” for U.S. pay to back. | Source: Truth Social
The sweeping tariffs, first announced by Trump in April last year, are being challenged by a coalition of 12 U.S. states and small businesses who argue the president exceeded his authority.
During November hearings, justices expressed skepticism over the administration’s legal rationale.
On Tuesday, Trump also imposed a 25% tariff on countries trading with Iran, a move that has drawn threats of retaliation from Beijing.
At the time of writing, Bitcoin had risen just above $95,000, yet analysts note resistance to a clean $100,000 breakout.
Victor Olanrewaju, a CCN analyst, highlighted that institutional accumulation of Bitcoin remains robust. Although tensions over Iran could complicate the outlook.
“As that demand continues, it can help tighten available supply and support Bitcoin’s price uptrend during pullbacks,” he wrote in a recent report.
“However, if the U.S. decides to strike Iran, these institutions could hold back on accumulating more coins.
However, Olanrewaju said that if bullish indicators hold, Bitcoin could break above the upper resistance of $98,111, potentially climbing to $108,921.
With so many macro factors at play, many risks remain for Bitcoin.
“If geopolitics escalate sharply and trigger a broad risk-off move, BTC could drop quickly toward $91,436. If selling accelerates from there, the coin could also lose the $87,000 support,” he wrote.
Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.
He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.
Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.
At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.
