The prediction market is currently pricing in a 75% probability that the US Supreme Court will rule against Trump's proposed tariff policies. This development could have significant ripple effects across global markets, particularly for risk assets including crypto. If the court sides against the tariffs, it would ease near-term inflation concerns and potentially cool off recent market volatility. Conversely, an unfavorable ruling for those challenging the tariffs could escalate trade tensions and impact economic growth forecasts. Either way, market participants are closely watching how this legal battle unfolds—it's shaping expectations for everything from commodity prices to broader macroeconomic conditions that influence institutional capital allocation into digital assets.