Bitcoin Price Holds $90,000 as Tariff Ruling Delay Eases Some Macro Jitters
Summary
The price of Bitcoin was trading around $90,443 on Friday, holding near the $90,000 level after the U.S. Supreme Court delayed a decision regarding President Trump’s tariff policy until the following week. This delay eased near-term macro jitters, as markets had been nervous about potential fiscal disruptions, such as the Treasury having to refund over $130 billion to importers if the tariffs were struck down. Bitcoin has been increasingly sensitive to macro shifts, but remains rangebound between $89,671 and $91,839 after an early-year rally. Separately, Cathie Wood of ARK Invest suggested that politics could drive the U.S. to begin purchasing Bitcoin for a national strategic reserve in 2026, which would be a significant market inflection point.
(Source:Bitcoin Magazine)