economy
February 23, 2026
Bitcoin falls to nearly $64,000 as 2026 crypto woes continue
Bitcoin fell below $65,000 on Monday as geopolitical and macroeconomic uncertainty sparked another flight from risk-on investments.
TL;DR
- Bitcoin fell below $65,000 on Monday, reaching its lowest point since February.
- The digital asset has experienced a nearly 5% slide, with a total decline of 24% year-to-date.
- Geopolitical and macroeconomic uncertainties are driving investors away from risk-on assets like Bitcoin.
- Tensions related to potential U.S. actions against Iran and new U.S. tariffs on trading partners are contributing factors.
- Safe-haven assets such as gold and silver have surged, gaining approximately 20% and 23% respectively this year.
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