Safe-haven sentiment drives gold and silver higher, while Bitcoin falls below $65,000
BlockBeats News, February 23, driven by risk-off sentiment in the Asian morning session, gold and silver prices rose. According to Bitget data, spot gold increased by 1.00% during the day, currently quoted at $5,158.75 per ounce. Spot silver rose by 2.72% during the day, currently quoted at $87.01 per ounce.
In the US stock market, S&P 500 futures fell by 0.67%, Nasdaq futures fell by 0.87%, and Dow futures fell by 0.56%.
The crypto sector saw a broad decline. According to market data from a certain exchange, bitcoin fell below $65,000, down more than 5% in 24 hours. Ethereum fell below $1,900, down more than 6% in 24 hours. SOL fell below $80, down more than 8% in 24 hours. In the past hour, total liquidations across the network reached $340 million, with long positions accounting for $332 million.
According to previous reports, on February 22, Trump posted, "Yesterday's ruling by the US Supreme Court on tariffs was absurd and poorly made. I hereby declare that, as President of the United States, I will immediately raise the 10% global tariffs imposed on many countries to a fully legal and court-tested level of 15%."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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