Wall Street whales are moving substantial capital ahead of President Trump's 9 p.m. ET State of the Union address, with Bitcoin holders transferring over $177 million in high-value transactions. The market reshuffling comes amid renewed trade tensions following the Supreme Court's decision limiting Trump's tariff authority under the International Emergency Economic Powers Act.

Bitcoin briefly spiked above $67,800 after the ruling but reversed sharply, falling below $65,000 by Monday morning. The broader crypto market followed suit, with Ether down 5.36% and XRP sliding 4.76%. US stock futures also declined, with S&P 500 futures dropping 0.8% and Nasdaq futures off 1%, reflecting investor caution ahead of Trump's address.

Trump quickly responded to the Supreme Court ruling by invoking Section 122 of the Trade Act of 1974 to impose a new 10% global tariff for up to 150 days. The president's speech tonight is expected to outline fiscal policy, trade priorities, and regulatory direction—all factors that directly impact risk assets. With Bitcoin already down from its October high near $126,000 and market liquidity thinner than earlier in the cycle, traders appear to be positioning defensively amid heightened event risk.