Bitcoin enters 72-hour danger zone as both historic Supreme Court battle and Fed decision threaten to tank the dollar

Bitcoin is entering a crucial 24-72 hour period where the Federal Reserve's policy decision and an ongoing Supreme Court case concerning Fed independence could determine the near-term market regime for the asset. The Fed's January 2026 meeting concludes today with a policy statement and press conference, drawing attention to rate-path communication. Simultaneously, the Supreme Court heard arguments in *Trump v. Cook*, a case seen as testing the central bank's insulation from politics, with a decision expected by early summer. The currency backdrop has already shifted, with the U.S. dollar index hitting a four-year low of 95.86 amid policy uncertainty. Traders are watching the decomposition between real yields and inflation compensation to determine if Bitcoin acts as rate-sensitive risk or a hedge against policy credibility concerns. Key metrics to monitor in the next 24-72 hours include the 10-year real yield, breakeven inflation, the DXY level, gold price movements, and spot BTC ETF net flows, which will help confirm whether a hawkish, dovish, or independence-risk-dominated regime takes hold.

(Source：CryptoSlate)