BNP Paribas recently released a report with a pretty explosive core viewpoint: if the US Supreme Court overturns Trump’s tariff policies, the US dollar could experience a sharp decline.

What does this have to do with the crypto market? The logic isn’t complicated. If the dollar weakens, global capital will need to find new destinations. Digital assets like Bitcoin, which have an inherent hedge attribute, could easily become an alternative for some of that capital. Historical data shows that in past instances where the dollar experienced a significant pullback, the crypto market did see some periodic rallies—though the scale and duration of those rallies varied greatly.

But don’t get impulsive just because of this news. The crypto market is driven by highly complex factors: regulatory policies can change at any time, market sentiment can shift in an instant, and liquidity can suddenly dry up. What’s more, the dollar may not move as predicted; if the policy impact falls short of expectations or other economic data is strong, the dollar could actually rebound, and crypto prices could pull back as a result.

From a practical standpoint, it’s best to keep a close eye on the dollar index and policy developments. Don’t go all in just because of rumors—position management should always come first. Diversification and setting stop-losses may be old advice, but the more chaotic the news landscape, the more valuable these basics become. The market never lacks opportunities; what’s lacking is the patience to survive until the next one.