The US Supreme Court has also postponed making a decision on the tariffs imposed by Trump.
Bitcoin price volatility returned on Friday afternoon following the latest developments on US soil. Initially, the Supreme Court said it would not publish its decision on the legality of the tariffs the POTUS had imposed on numerous countries.
Later, the president himself shared unreleased jobs data on his social media platform, showing that the country’s private sector created more than 650,000 jobs in the past year, while government employment fell by 181,000.
What’s especially interesting is that Trump published the data twelve hours before the public release of the December employment report.
TRUMP SHARES UNRELEASED EMPLOYMENT INFORMATION ON SOCIAL MEDIA
President Trump posted a graph on Truth Social Thursday showing private sector job growth at 654,000 jobs, figures that were not officially released until Friday morning. The post came about twelve hours before the December employment report… pic.twitter.com/R74udm2VaB
— *Walter Bloomberg (@DeItaone) January 9, 2026
In the other major news story from the world’s largest economy, the US Supreme Court has decided not to release the long-awaited ruling on the legality of the tariffs Trump imposed in 2025. Furthermore, this led to an immediate increase in the likelihood that these rates would be labeled as legal.
BREAKING: The U.S. Supreme Court today decides NOT to issue a long-awaited ruling on the legality of President Trump’s tariffs.
The likelihood of President Trump’s tariffs being enacted as legal increases to 31%. pic.twitter.com/gkBi5e3TLP
— The Kobeissi Letter (@KobeissiLetter) January 9, 2026
Bitcoin’s price responded with immediate volatility to the above news. It traded around $90,000 before immediately rising $2,000 to $92,000. It has since recovered somewhat, but is still above $91,000 at the time of writing.
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