Bitcoin hovers around $90,000, attention on US Supreme Court tariff ruling

Source: DecenterKorea Original Title: Bitcoin Stagnates at $90,000… Watching US Supreme Court Tariff Ruling [Decenter Market] Original Link: https://www.decenter.kr/NewsView/2K79UHVMXZ/GZ03

Bitcoin(BTC) has been hovering around $90,000 for a week. Investors are remaining cautious as the final decision by the US Supreme Court on mutual tariffs scheduled for this week could trigger volatility across the global financial markets.

As of 8 a.m. on the 12th, according to global cryptocurrency market data, BTC was trading at $94,520.9, up 0.12% from 24 hours earlier. Ethereum(ETH) rose 0.97% to $3,107.75. XRP(XRP) declined 1.27% to $2.062, and Binance Coin(BNB) fell 0.05% to $902.15.

The domestic market shows a similar trend. On domestic cryptocurrency exchanges, BTC is trading at 13,337,200 KRW, up 0.02% from 24 hours earlier. ETH has increased 0.79% to 4,581,000 KRW, and XRP has decreased 1.4% to 3,033 KRW.

The market is closely watching the potential ripple effects of the US Supreme Court’s ruling on mutual tariffs, expected as early as the 14th. Depending on the ruling, overall risk asset volatility could increase, leading to a cautious stance in the near term.

Industry analysts suggest that if the Supreme Court rules tariffs unconstitutional, corporate cost burdens could ease, restoring risk asset preference. However, if the ruling differs from expectations, sharp price adjustments could occur.

Cryptocurrency data analysis firm Alternative.me’s Fear & Greed Index has risen 4 points from the previous day to 29, indicating a ‘fear’ state. The index approaches 0 when investor sentiment is subdued and nears 100 when the market is overheated.