Bitcoin falls to nearly $64,000 as 2026 crypto woes continue
CNBC·2026-02-23 14:52

Group 1: Bitcoin Market Performance - Bitcoin has experienced a decline of over 2%, trading at $65,836.68, with a low of $64,830, marking a nearly 5% drop from the previous day [1] - The digital asset reached its lowest point of $64,324 over the weekend, the lowest since February 6, when it was at $60,062 [1] - Since the beginning of the year, Bitcoin has lost 24% due to macroeconomic threats, while risk-off assets like gold and silver have surged, with gold gaining about 20% and silver 23% year-to-date [4] Group 2: Geopolitical and Economic Factors - U.S. President Donald Trump indicated a decision on potential military action against Iran could come within 10 days, amid rising tensions and military positioning in the Middle East [2] - Trump announced an immediate increase in retaliatory tariffs against many foreign trading partners to 15%, following the Supreme Court's decision to strike down previous trade taxes [3]

Bitcoin falls to nearly $64,000 as 2026 crypto woes continue - Reportify