The US Supreme Court also delayed making a decision on the Trump-imposed tariffs.
Bitcoin’s price volatility returned on Friday afternoon following the latest developments on US soil. At first, the Supreme Court said it would not publish its decision on the legality of the tariffs imposed by the POTUS against numerous countries.
Later, the President himself shared unreleased jobs data on his social media platform, showing that in the past year, the country’s private sector has created over 650,000 jobs, while government employment has fallen by 181,000.
What’s particularly interesting is that Trump published the data 12 hours before the December employment report’s public release.
TRUMP SHARES UNRELEASED JOBS DATA ON SOCIAL MEDIA
President Trump posted a chart on Truth Social Thursday showing private-sector job growth of 654,000, figures not officially released until Friday morning. The post came roughly 12 hours before the December employment report’s… pic.twitter.com/R74udm2VaB
— *Walter Bloomberg (@DeItaone) January 9, 2026
In the other significant piece of news coming from the world’s largest economy, the US Supreme Court decided not to release the highly anticipated ruling on the legality of the tariffs imposed by Trump in 2025. Moreover, this led to an immediate uptick in the odds of these tariffs being ruled as legal.
BREAKING: The US Supreme Court decides to NOT release a highly anticipated ruling on the legality of President Trump’s tariffs today.
The odds of President Trump’s tariffs being ruled as LEGAL surge to 31%. pic.twitter.com/gkBi5e3TLP
— The Kobeissi Letter (@KobeissiLetter) January 9, 2026
Bitcoin’s price reacted with immediate volatility to the news above. It traded around $90,000 before it surged instantly by $2,000 to $92,000. It has since retraced slightly, but still stands above $91,000 as of press time.
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