Bitcoin holds near $91,000 as market awaits tariff ruling: Asia Morning Briefing

2026-01-09 03:20:11

Source: CryptoNewsNet Original Title: Bitcoin holds near $91,000 as market awaits Trump tariff ruling: Asia Morning Briefing Original Link: https://cryptonews.net/news/bitcoin/32249094/ Bitcoin traded sideways, around $91,000 during Asia hours, as traders await a key ruling on tariff policies scheduled for January 10, U.S. time.

On prediction markets, traders assign just a 24% chance that explicit approval will be given for emergency tariff measures under relevant economic powers legislation.

This matters for bitcoin and crypto prices because past tariff episodes have not behaved like conventional macro shocks. Market analysis describes the Q1 2025 tariff episode as a “Tariff Tantrum,” marked by sharp but temporary drawdowns driven by liquidation cascades, falling leverage demand, and momentum-based selling rather than broad structural exits from the asset class. During that period, research shows trend-following strategies – simple buying when prices rise and selling on the decline – outperformed by cutting risk early, even as long-term participation held steady.

BTC-0,67%

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