Bitcoin (BTC) price has fallen and is trading at the $106,000 level after a court decision on US President Donald Trump's tariff policies was postponed. Economic uncertainty
As of 1:45 p.m. on the 30th, the price of Bitcoin in South Korea on the Bitcoin exchange rate was 148,396,000, down 1.05% from the previous day.
At the same time, the overseas Bitcoin price on CoinMarketCap was down 1.14% from the same time the previous day to $106,118 (approximately 15.26 million yen).
Bitcoin, which was trading at the $108,000 range the previous day, plummeted to $105,483 at one o'clock in the morning on the same day.
The reason for the decline in Bitcoin is due to President Trump's tariff policy.
The previous day, the US Court of International Trade ruled that the reciprocal tariffs imposed by President Trump on major trading partners early last month exceeded the president's authority.
The US Department of Justice, in response, appealed the International Trade Court's decision and requested that the ruling be stayed pending appeal.
The US accepted the request of the US Supreme Court to allow the US to continue to collect the tariffs until the final ruling. If the court postpones the ruling on President Trump's tariffs, economic uncertainty will increase and the risk of
Kevin Hassett, chairman of the White House National Economic Council (NEC), said, "President Trump's decision to suspend the reciprocal tariffs is a major obstacle to the US's decision to impose tariffs on the US dollar.
"The International Trade Court's decision establishing the trade disputes will be overturned," he said, adding that the court's decision "will not affect ongoing tariff negotiations."
2025/05/30 14:44 KST
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