Bitcoin Hovers at $91K: Crypto and Stocks Brace for and

Bitcoin stays firm around $91,000 in early Asian trading. Traders hold their breath for two big events. The drops Friday morning. And the Supreme Court may rule soon on President Trump’s tariffs. These could shake markets, including crypto.

Bitcoin Price Update: Steady Amid Uncertainty

Bitcoin traded flat during Asian hours on Friday. It sat near $91,000. This comes after a strong week. Traders eye risks from U.S. data and policy news. Past tariff talks caused quick drops in crypto prices. But they bounced back fast.

Crypto often moves with global risk mood. Tariffs can spark trade fears. This leads to short-term selling. Yet, Bitcoin’s long-term holders stay put. They see it as a hedge against fiat issues.

The : What to Expect

The December hits Friday. Economists predict 70,000 new jobs. Unemployment may dip to 4.5%. This follows delays from a government shutdown. Past data got pushed back too.

Why does this matter for crypto? Strong jobs mean less chance of Fed rate cuts. The Fed meets in under three weeks. Higher rates hurt risk assets like Bitcoin. Weak jobs could boost cut odds. That would lift crypto prices.

• Key Forecasts: +70K jobs added
• Unemployment: 4.5%
• Impact: Shapes Fed policy

Markets trade sideway now. Stock futures for Dow, S&P 500, and Nasdaq show little change.

: Supreme Court Watch

The U.S. Supreme Court could rule as soon as January 10. It reviews Trump’s use of emergency powers for tariffs. He used the International Emergency Economic Powers Act.

Prediction markets like Polymarket give it low odds. Just 24% chance the court upholds it. If struck down, Trump may find other ways. This could raise U.S. bond yields. Higher yields tighten money worldwide. Bad for crypto liquidity.

Asian traders care less about the ruling. They focus on how long uncertainty lasts. Past tariffs triggered a “Tariff Tantrum” in Q1 2025. Crypto saw sharp drops from liquidations. But smart strategies cut losses early. Prices recovered quick.

Ethereum Dips but Stays Strong Weekly

Ethereum trades at $3,100 on Friday. That’s down over 2% in 24 hours. Yet, it gained over the past week. ETH often follows Bitcoin but has its own drivers. Like network upgrades and DeFi growth.

If tariffs expand, altcoins like ETH could face more pressure. But blockchain adoption keeps growing. Real-world use cases shield them from short-term noise.

Stock Market Holds Gains for the Week

U.S. stocks climb in the first full week of 2026. S&P 500 up nearly 1%. Dow gains 1.8%. Nasdaq adds 1.1%. Futures stay flat Friday morning.

Trump also floated buying $200 billion in mortgage-backed securities. This could support housing. But details are thin. It might ease rates if it happens.

Gold Forecast Signals Safe-Haven Demand

HSBC sees gold hitting $5,050 per ounce in early 2026. Geopolitical risks and debt piles drive it. But volatility looms. A Fed hawk turn or risk fade could pull it back.

Gold and Bitcoin often compete as havens. High gold forecasts show fear. Yet, Bitcoin’s supply cap makes it appealing long-term.

What This Means for Crypto Traders

Short-term: Watch for swings from and . Use stop-losses like in past tantrums. Trend strategies worked well before.

Long-term: Crypto thrives on uncertainty. Tariffs may slow trade but boost digital assets. Fed policy is key. Soft jobs open rate cut doors. That fuels bull runs.

Markets wait in a holding pattern. Stay informed. Bitcoin at $91K looks solid. But data drops could change that fast.

Key Takeaways

• Bitcoin steady at $91,000
• : 70K jobs, 4.5% unemployment expected
• : Low odds of uphold, uncertainty ahead
• ETH down daily but up weekly
• Stocks gain weekly, futures flat
• Gold to $5,050 forecast

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