Ethereum edges higher after SCOTUS ruling; $1,500 in focus

• Lyla Velez
• February 20, 2026
• News
• 0 Comments

Key Points:

• ETH rose 2.20% post-Supreme Court ruling, tracking broader crypto strength.
• Macro shifts in dollar and yields lifted risk appetite, supporting crypto.
• Downside remains: thin liquidity and broken supports could open path to $1,500.

Ethereum (ETH) climbed after a Supreme Court ruling, with a 2.20% gain on Feb. 20, according to CoinGape. The move tracked a broader lift across major crypto assets.

The immediate read-through for traders centered on macro transmission: shifts in expectations for the U.S. dollar and Treasury yields can quickly reset risk appetite. That reflex can support crypto prices when policy headlines appear to ease financial conditions.

That relief bid does not remove downside risk. If liquidity thins and recent support areas give way, market structure could open a path toward the $1,500 handle without implying inevitability.

What the Supreme Court ruling changed for markets, in plain terms

In plain terms, the legal development was about tariffs. As reported by CoinDesk, the Supreme Court struck down former President Trump’s broad tariff regime, a decision that reframes trade and currency assumptions. The report also noted that hotter inflation with slower growth has created a messy backdrop, with the Federal Reserve likely to take its time before any policy changes.

In markets, tariff reversals can influence the dollar, Treasury demand, and equity risk premia. If the dollar softens and real yields ease, cross-asset appetite for risk often improves, which can spill into crypto liquidity and pricing.

As reported by The Block, 21Shares said, “a negative ruling on tariffs could potentially hurt Treasuries and the dollar, while favoring stocks and crypto.”

Still, correlation does not prove causation; crypto’s move reflects a blend of legal headlines, rates expectations, and positioning. Price drivers can diverge quickly if yields or the dollar rebound.

Ethereum today: price, volatility, and sentiment snapshot

At the time of this writing, Ethereum traded near $1,938.62 on Feb. 20, 2026, with 24-hour volume around $7.39 billion, based on data from Yahoo Finance.

Trading has been choppy and sentiment cautious as markets digest policy and macro signals. A firmer dollar, higher yields, or loss of nearby supports could revive downside momentum toward the $1,500 area, while durable stabilization above recent breakdown zones would temper that risk.