Bitcoin at $92,733 as Supreme Court tariff ruling threatens market volatility

Beincrypto reports Bitcoin is trading at $92,733 as it approaches a potential volatility trigger: the US Supreme Court’s January 9 ruling on President Trump’s global tariffs.

Polymarket implies a 78% chance the Court will invalidate the tariffs; a decision against them could force the Treasury to refund $133–$140 billion to importers and spark volatility across cryptocurrency, equity and bond markets. The case centers on whether Trump exceeded his authority in imposing tariffs he says generated roughly $600 billion in revenue, and current signs—declining open interest and high valuations—suggest traders are pulling back ahead of the decision.

Justices return from a four-week break to release opinions at 10:00 A.M. ET on Friday. A ruling against the tariffs would create immediate fiscal stress and policy uncertainty, and markets remain exposed to sharp repricing depending on the outcome and any refunds.

Key Topics

Crypto, Bitcoin, Us Supreme Court, President Trump, Tariffs, Us Treasury