Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over United States (US) President Donald Trump’s push for more tariffs.
Crypto sell-off accelerates as tariff pressure lingers
In a landmark ruling on Friday, the US Supreme Court found that President Trump overstepped his authority by imposing global trade tariffs. The ruling established that the International Emergency Economic Powers Act (IEEPA) does not grant the president the power to impose such taxes without Congress’s approval. Congress holds the constitutional authority to tax and regulate trade.
However, President Trump criticized the ruling and swiftly…






