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Bitcoin falls below $65K as tariff tensions weigh on crypto

Bitcoin falls below $65K as tariff tensions weigh on crypto

Photo illustration shows a coin imitation of the Bitcoin cryptocurrency arranged beside a screen displaying a trading chart, November 22, 2024. (AFP Photo)

February 23, 2026 11:06 AM GMT+03:00

Bitcoin, the largest digital asset by market capitalization, dropped to $64,250 in early trading, marking its first move below $65,000 since Feb. 6, as broader market uncertainty pushed investors away from risk-sensitive assets.

The cryptocurrency later attempted to recover, trading near $65,500 as of 06.45 GMT. Despite the rebound, the digital asset remained under pressure, posting a daily loss of nearly 3%.

Other cryptocurrencies also declined, with Ethereum, the second-largest digital asset, falling 5% to $1,878.09 and XRP…

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