Bitcoin price clings to $90K as traders eye US Supreme Court tariff ruling

💡 DMK Insight

Bitcoin’s stuck at $90,549, and traders are playing it safe as they await the Supreme Court’s ruling on US trade tariffs. This indecision is typical in the crypto space when macroeconomic factors loom large. The uncertainty around tariffs could influence market sentiment, potentially affecting Bitcoin’s price if tariffs are imposed or lifted. Traders should keep an eye on how this decision might ripple through related markets, particularly equities and commodities, which often react to trade news. If tariffs rise, expect a bearish sentiment that could push Bitcoin lower, while a favorable ruling might spark a rally. Watch for key support around $88,000 and resistance at $92,000. If Bitcoin breaks either level, it could signal a more definitive trend. Given the current sideways action, volatility is likely to pick up post-decision, so stay alert for sudden moves.