[U.S. Supreme Court Hears Tariff Case, Potentially Impacting Trump's Economic Powers]
On November 5, the U.S. Supreme Court will hear the case 'Learning Resources Inc. v. Trump,' to determine whether the president has the authority to impose tariffs under the International Emergency Economic Powers Act. The case involves hundreds of billions of dollars in trade and debt and has been called 'the most influential economic lawsuit in nearly a century in the United States.' Experts predict sharply divided outcomes, and if the ruling is unfavorable, the White House may need to refund collected tariffs and potentially redefine the boundaries of presidential authority over economic and trade policies.
Bitunix analysts point out that the short-term support level for BTC is at $101,400, and if it breaks below, it may test the liquidation zone at $98,000. Resistance on the upside is concentrated in the $115,000–$117,000 range. If the ruling triggers fluctuations in the U.S. dollar, crypto assets may become a safe-haven choice, but volatility could rise in tandem.