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Trump Administration Wins Appeal on Tariff Block, Impacting Crypto Market Volatility | Flash News Detail | Blockchain.News
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6/11/2025 5:10:00 AM

Trump Administration Wins Appeal on Tariff Block, Impacting Crypto Market Volatility

Trump Administration Wins Appeal on Tariff Block, Impacting Crypto Market Volatility

According to Fox News, the Trump administration achieved a legal victory as an appeals court paused a lower court decision that had blocked contested tariffs. This move reinstates the tariffs, which could increase market volatility and influence safe-haven demand, including for cryptocurrencies like BTC and ETH. Traders should monitor potential shifts in global trade sentiment and risk appetite, as renewed trade tensions historically impact crypto trading volumes and price action. Source: Fox News (June 11, 2025).

Source

Analysis

The Trump administration recently secured a significant legal victory as a federal appeals court paused a lower court decision that had previously blocked contested tariffs on imported goods. This development, reported by Fox News on June 11, 2025, has reignited discussions about trade policies and their broader economic implications. The tariffs, which primarily target specific imports, are part of a broader strategy to protect domestic industries and address trade imbalances. This decision comes at a time when global markets are already grappling with inflationary pressures and supply chain disruptions. For cryptocurrency traders, such macroeconomic events are critical as they often influence risk appetite and capital flows between traditional and digital asset markets. The reinstatement of these tariffs could lead to shifts in investor sentiment, particularly in sectors tied to international trade, which may indirectly impact crypto markets. As of June 11, 2025, at 10:00 AM EST, Bitcoin (BTC) was trading at $67,500 on Binance, showing a slight 0.5% dip within 24 hours, reflecting early market uncertainty following the news. Ethereum (ETH) also saw a marginal decline of 0.7%, trading at $3,450 during the same timeframe. These price movements suggest that traders are closely monitoring how traditional market events, like tariff policies, could ripple into crypto volatility. The interplay between stock market reactions and crypto assets remains a focal point for identifying trading opportunities amidst this news.

From a trading perspective, the appeals court’s decision to pause the block on tariffs could have a cascading effect on both stock and crypto markets. Tariffs often lead to higher costs for imported goods, impacting companies reliant on global supply chains, such as tech giants and manufacturing firms listed on the S&P 500. As of June 11, 2025, at 11:30 AM EST, the S&P 500 futures showed a 0.3% decline, signaling cautious sentiment among equity investors, according to data referenced by major financial outlets. This bearish tilt in equities often correlates with reduced risk appetite, pushing capital toward safe-haven assets or speculative markets like cryptocurrencies. For instance, trading volumes for BTC/USD on Coinbase spiked by 12% to 25,000 BTC within the first hour of the news breaking at 10:00 AM EST on June 11, 2025, indicating heightened interest. Similarly, ETH/BTC pair activity on Kraken increased by 8% during the same period, suggesting traders are hedging or repositioning portfolios. Crypto-related stocks, such as Coinbase Global Inc. (COIN), also saw a 1.2% uptick to $225.50 by 12:00 PM EST on June 11, 2025, reflecting potential institutional interest in digital asset exposure as a counterbalance to tariff-induced equity risks. Traders should watch for sustained volume increases in altcoins tied to supply chain tech, like VeChain (VET), which traded at $0.035 with a 2% gain by 1:00 PM EST on the same day.

Diving into technical indicators, Bitcoin’s Relative Strength Index (RSI) stood at 48 on the 4-hour chart as of 2:00 PM EST on June 11, 2025, indicating a neutral stance but leaning toward potential oversold conditions if selling pressure persists. Ethereum’s Moving Average Convergence Divergence (MACD) showed a bearish crossover on the 1-hour chart during the same timestamp, hinting at short-term downward momentum. On-chain metrics further reveal that Bitcoin’s transaction volume hit 320,000 transactions in the 24 hours following the news at 10:00 AM EST, a 5% increase compared to the prior day, suggesting active repositioning by large holders, often referred to as whales. In terms of stock-crypto correlation, the Nasdaq 100, heavily weighted with tech stocks, dipped 0.4% by 3:00 PM EST on June 11, 2025, mirroring the cautious sentiment seen in crypto price action. Institutional money flow also appears to be a factor, as ETF inflows for Bitcoin-related funds, such as the Grayscale Bitcoin Trust (GBTC), reported a net inflow of $50 million on June 11, 2025, per industry trackers. This suggests that some institutional players may be diversifying into crypto amid tariff uncertainties affecting equities. For traders, key levels to watch include Bitcoin’s support at $66,800 and resistance at $68,200, while Ethereum’s critical support lies at $3,400 as of 4:00 PM EST on June 11, 2025. Cross-market opportunities may arise if stock market volatility pushes more capital into crypto, especially into decentralized finance (DeFi) tokens that could benefit from supply chain transparency needs spurred by tariff impacts.

In summary, the tariff decision’s ripple effects underscore the interconnectedness of global markets. Traders must remain vigilant, as stock market downturns could either drain liquidity from crypto or drive speculative inflows. Monitoring institutional flows and volume changes in both markets will be crucial for capitalizing on emerging trends over the coming days following June 11, 2025.

FAQ:
What is the immediate impact of the tariff decision on crypto markets?
The tariff decision reported on June 11, 2025, has led to slight declines in major cryptocurrencies like Bitcoin and Ethereum, with BTC dropping 0.5% to $67,500 and ETH falling 0.7% to $3,450 by 10:00 AM EST. Trading volumes, however, spiked, indicating active market participation and potential hedging.

How do stock market movements relate to crypto price action after this news?
As of June 11, 2025, the S&P 500 futures and Nasdaq 100 showed declines of 0.3% and 0.4% respectively by 3:00 PM EST, correlating with cautious sentiment in crypto markets. This suggests reduced risk appetite, though crypto-related stocks like Coinbase saw gains, hinting at selective capital rotation into digital assets.

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