Bitcoin Price on Edge Ahead of High-Stakes Supreme Court Ruling

Bitcoin (BTC) is trading around $92,733 but is poised for a major test ahead of the US Supreme Court's ruling on President Trump's global tariffs, scheduled for January 9. The decision could force the Treasury to refund $133–$140 billion to importers, creating fiscal stress and uncertainty across cryptocurrency, equity, and bond markets. Prediction markets suggest a high probability (78%) that the tariffs will be struck down. Traders warn that if the tariffs are invalidated, the resulting chaos and need for market repricing could act as a "volatility bomb" at a time when equity valuations are already stretched. This macro shock could lead to spiking bond rates, falling equities, and significant price swings for Bitcoin, which is highly sensitive to policy shifts.

(Source：BeInCrypto)