Bitcoin Rises on Improved Risk Appetite After Nvidia Earnings and US Court Halts Trump Tariffs

Bitcoin Rises 0.6% on Nvidia Earnings and US Court Halting Trump Tariffs

Bitcoin gained 0.6% to $107,933, driven by improved investor risk appetite after chipmaker Nvidia reported strong quarterly revenue despite US restrictions on Chinese sales. Meanwhile, a ruling by the United States Court of International Trade limited President Trump’s authority to impose sweeping tariffs, reducing trade policy uncertainty.

Nvidia’s Earnings Boost Market Confidence Amid Trade Restrictions

Nvidia’s revenue growth amid US export controls eased investor concerns over ongoing restrictions on chip sales to China. The strong earnings report acted as a positive signal for technology and cryptocurrency markets.

US Court Restricts Trump’s Tariffs, Reducing Policy Uncertainty

The federal court ruled that President Trump could only impose tariffs on five nations, striking down broader tariff policies. This decision provided relief to markets, supporting risk assets like Bitcoin. According to IG’s note, the ruling is a significant boon for investors wary of trade tensions.

Federal Reserve’s Rate Outlook Caps Bitcoin Gains

Despite positive developments, Bitcoin’s rally was limited as the Federal Reserve’s latest minutes suggested no immediate plans to reduce interest rates, tempering market enthusiasm.

What This Means for Investors

• Improved risk appetite supports Bitcoin and tech stocks.
• Reduced tariff uncertainty eases trade-related market risks.
• Fed’s cautious stance on rates limits near-term gains in crypto.

For more updates on cryptocurrency trends, trade policy, and market insights, visit our Market News section.

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• Nvidia Earnings Impact on Tech and Crypto Markets
• US Court Ruling on Trump Tariffs Explained
• Federal Reserve Rate Decisions and Cryptocurrency