The price of Bitcoin was observed near the $90,000 threshold on Friday, experiencing a slight stabilization across cryptocurrency markets. This steadiness followed a delay by the U.S. Supreme Court concerning a highly anticipated ruling related to President Donald Trump’s tariff policy, which momentarily alleviated near-term macroeconomic uncertainty. At the time of writing, Bitcoin's price stood at $90,443, reflecting a modest decline of approximately 1% over the preceding 24 hours, according to prevailing market data. The daily trading volume for Bitcoin amounted to roughly $45 billion, while its total market capitalization marginally decreased to an estimated $1.80 trillion, also down 1% for the day. Despite this minor pullback, Bitcoin’s price has largely remained confined within a tight range, close to its recent highs. Data from Bitcoin Magazine Pro indicates that the asset is currently about 2% below its seven-day peak of $91,839 and roughly 1% above its seven-day low of $89,671. The circulating supply of Bitcoin has reached 19,973,659 BTC, steadily approaching its fixed maximum cap of 21 million coins—a fundamental structural characteristic that continues to bolster long-term bullish outlooks.

Initially, crypto prices displayed volatility earlier in the week as traders adjusted their positions in anticipation of a potential Supreme Court verdict on the legality of global tariffs imposed during the Trump administration, a decision widely regarded as a significant macroeconomic catalyst. However, market sentiment shifted positively on Friday subsequent to the court's postponement of its ruling until the following week. This delay effectively diminished immediate downside risks across a spectrum of assets, including equities, bonds, and digital currencies. As the U.S. equity market opened, Bitcoin's price hovered around $90,000, prompting investors to re-evaluate their risk exposure. Market analysts suggested that the delay assuaged concerns regarding abrupt fiscal disruptions, specifically the possibility that the U.S. Treasury might be compelled to refund over $130 billion to importers if the tariffs were deemed unlawful. Bitcoin has increasingly demonstrated behavior as a macro-sensitive asset, reacting to alterations in policy expectations, liquidity conditions, and geopolitical instability. Consequently, major legal or political developments continue to influence its short-term price trajectory, even as its long-term adoption trends persist without interruption.

The prevailing price action signifies a period of cooling after Bitcoin experienced a surge in the initial days of the year, which briefly pushed it towards new short-term highs. This early-January rally re-ignited bullish sentiment but simultaneously triggered profit-taking activities as momentum near resistance levels began to wane. From a technical perspective, traders are closely observing the $90,000–$91,000 range as a critical support zone. A sustained break below this level could expose further downside, potentially towards the upper-$80,000 range. Conversely, a definitive move above $92,000 would likely pave the way towards higher resistance levels. For the present, Bitcoin remains entrenched in a phase of consolidation, characterized by compressed volatility, with traders awaiting a more definitive market catalyst.

In a recent podcast, Cathie Wood of ARK Invest speculated that political motivations could lead the United States to actively acquire Bitcoin by 2026. Wood posits that cryptocurrency has solidified its position as a durable political issue for figures like President Trump, potentially influencing policy decisions ahead of upcoming midterm elections. While the U.S. currently possesses a Bitcoin reserve derived from seized assets, President Trump has explicitly committed not to sell any of this Bitcoin, and the initial objective was to accumulate one million BTC. Wood suggested during her discussion that the administration might transition from merely holding confiscated Bitcoin to directly purchasing BTC for the purpose of establishing a national strategic reserve.

Furthermore, cryptocurrency has evolved into a more organized political constituency, actively supporting President Trump and engaging with the White House through various events and donations. On the policy front, executive orders have already laid the groundwork for a reserve and stockpile, accompanied by recommendations for Treasury-led expansion. Wood views potential government purchases as a significant market inflection point, which would further underscore Bitcoin’s inherent scarcity, given that nearly 20 million of its 21 million total cap have already been mined. It is widely assumed that if the United States were to commence buying Bitcoin, the price of the digital asset would respond positively. At the time of this comprehensive overview, the bitcoin price is $90,814.