Supreme Court Tariff Ruling Unlikely to Void Trump Policies, Treasury Says

VADODARA, January 20, 2026 — U.S. Treasury Secretary Scott Bessent stated that the Supreme Court is "highly unlikely" to invalidate President Donald Trump's key economic policies, according to a Walter Bloomberg report. This latest crypto news arrives as Bitcoin defends the $90,000 psychological support level amid broader market uncertainty. The Court's ruling on Trump administration tariff policies, expected at 3:00 p.m. UTC today, represents a critical test of regulatory continuity that could influence cryptocurrency market structure.

Market Context & Background

Market structure suggests this regulatory development mirrors the 2021-2022 period when political uncertainty created persistent volatility. Similar to the 2021 correction that followed regulatory announcements, current price action shows compressed volatility around key support zones. Historical cycles indicate that Supreme Court decisions on economic policy have created immediate liquidity events, with the 2022 West Virginia v. EPA case triggering a 7.2% intraday swing in risk assets. The current market context features Bitcoin trading in a $88,500-$94,200 range, with on-chain data indicating accumulation at lower levels despite the Fear & Greed Index reading 32/100.

Related developments in institutional behavior provide additional context: the Trump family's substantial crypto allocation and MicroStrategy's recent Bitcoin purchase suggest institutional positioning ahead of regulatory clarity.

What Happened?

According to the Walter Bloomberg report, Treasury Secretary Scott Bessent made his comments regarding the Supreme Court's pending decision on Trump-era tariff policies. The Court is scheduled to rule at 3:00 p.m. UTC on January 20, 2026. Bessent's assessment that invalidation is "highly unlikely" provides forward guidance to markets anticipating potential policy shifts. This statement represents official government sentiment ahead of a judicial decision that could impact trade flows, dollar strength, and by extension, cryptocurrency valuations.

Technical Analysis & Price Action

Bitcoin currently trades at $90,943, down 2.20% over 24 hours. Market structure suggests the $90,000 level represents a critical volume profile node where significant bid liquidity resides. The 200-day moving average at $87,200 provides additional technical support, while resistance clusters around $94,200 near the 50-day moving average. RSI readings at 42 indicate neutral momentum with slight bearish bias.

Bullish Invalidation Level: A sustained break below $88,500 (the 0.618 Fibonacci retracement from the recent swing high) would invalidate the current support structure and target $85,000.

Bearish Invalidation Level: A reclaim above $92,800 would fill the current fair value gap and target resistance at $94,200.

By The Numbers

Why It Matters

For institutional investors, regulatory continuity reduces political risk premium embedded in cryptocurrency valuations. The Federal Reserve's monetary policy framework, as outlined in their official documentation, remains sensitive to trade policy shifts that could impact inflation expectations. A stable tariff regime supports dollar strength dynamics that historically correlate with cryptocurrency outflows during risk-off periods.

For retail traders, this development reduces near-term binary event risk. The Supreme Court's decision represents a potential gamma squeeze trigger if unexpected rulings create volatility spikes. Market analysts suggest that reduced regulatory uncertainty could allow Bitcoin to consolidate above $90,000 before attempting to fill the fair value gap to $94,200.

Community Sentiment

Market analysts on X/Twitter express cautious optimism. "The Treasury's guidance reduces tail risk," noted one quantitative strategist, while others highlight that "Bitcoin's hash ribbons recently signaled a buy opportunity" as technical indicators align with fundamental developments. The prevailing sentiment suggests that while fear dominates short-term metrics, structural factors support accumulation at current levels.

Price Prediction / Future Outlook

Bullish Case: If the Supreme Court affirms Trump-era policies as expected, reduced regulatory uncertainty could catalyze a relief rally. Bitcoin could reclaim $92,800 resistance and target $94,200 within 7-10 trading sessions. Institutional inflows, similar to Bitmine's recent Ethereum accumulation, could accelerate as political risk diminishes.

Bearish Case: An unexpected ruling against Trump policies could trigger risk-off sentiment across markets. Bitcoin could break the $88,500 support level and test the 200-day moving average at $87,200. Such a move would represent a 4-6% correction from current levels and potentially extend to $85,000 if liquidation cascades occur.