Bitcoin (BTC) Consolidates Near $111K as Trump’s Supreme Court Tariff Appeal Sparks Dollar Weakness and Market Volatility

Following COINOTAG’ Sept. 3 briefing, U.S. President Trump announced an emergency appeal to the U.S. Supreme Court over a federal ruling characterising several tariffs as illegal, a development that prompted a softer U.S. dollar, pressured equities and a more cautious investor stance. In the crypto markets, BTC is consolidating with near-term support at $109,000–$109,300 and resistance clustered near $113,500–$114,000, while price action remains choppy around $111,000 and liquidity metrics signal competing buy and sell interest. Bitunix analysts highlight that this tariff dispute elevates policy risk; resultant dollar volatility may amplify crypto price swings. Market participants should monitor the Supreme Court appeal and its implications for inflation and trade dynamics, alongside technical confirmation of the cited support and resistance zones.

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