Bitcoin (BTC) prices posted a significant increase on the day on high expectations regarding a possible final ruling by the US Supreme Court on President Donald Trump’s administration’s tariff policies.
digital currency Today it exceeded $97,000.which represents an increase of 3.50% over the past 24 hours.
In the following graph provided by TradingView, you can see the BTC price over the last week. It is clear that BTC is gaining momentum and is probably starting an uptrend.
This Wednesday, January 14th, was emerging as a decisive day for markets as the US Supreme Court was scheduled to announce a series of judicial decisions.
However, even though the court issued three decisions on other legal issues; has chosen to remain silent on the controversy surrounding tariffs imposed by President Trump; Prolonged legal uncertainty has so far proven beneficial for digital asset prices.
As CriptoNoticias reported, the day’s relevance was the possibility that the court would end a legal battle over the use of the International Emergency Economic Powers Act of 1977, a tool that President Donald Trump used in February 2025 to tax imports from China, Mexico, Canada and other countries.
By not including the resolution in the day’s announcement package, the court left in limbo the fate of the billions of dollars raised and the legality of the measures that have strained international trade.
courtroom He did not give a specific date for announcing his decision.. Previous hearings showed that the justices were divided, with the view that the proposed resolution against the administration could cause fiscal turmoil.
Trump himself warned that the ruling on his trade policy would be a “disaster” for the nation’s finances. Losses from corporate investments could reach trillions of dollars To adapt to the new system.
This reinforced investors’ perception that Bitcoin acts as a safeguard against potential debt crises and instability in the traditional monetary system.
Bitcoin and S&P 500 lose correlation
This discrepancy Opposite behavior between traditional markets and Bitcoin revealed. While the S&P 500 index (an index representing the US economy) showed weakness, dropping from 6,963 points during trading to 6,895 points, Bitcoin maintained its upward trajectory.
This decorrelation strengthens the theory of Bitcoin as digital gold, where the judicial and political uncertainties that affect traditional corporations contrast with the certainty and immutability of Bitcoin’s monetary policy.
investors They appear to be rotating capital toward assets whose issuance is not dependent on judicial rulings or administrative decisions.reinforcing its status as a safeguard against institutional instability.
As long as the legal vacuum and the risk of large-scale fiscal imbalances persist in the United States, the value of Bitcoin as an independent reserve asset will strengthen relative to traditional financial instruments.
