BTC Price Suddenly Rockets by $2K as Trump Posts Unpublished Jobs Data
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.
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.
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.
The post BTC Price Suddenly Rockets by $2K as Trump Posts Unpublished Jobs Data appeared first on CryptoPotato.
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