Bitcoin Slides Below $65, 000 Amid Trade and Tension Fears
The world’s oldest digital coin slipped past $65,000 on Monday, adding to a 5 % drop that began the day before. At one point it fell as low as $64,830 and closed the weekend at $64,324 – its lowest since early February. By mid‑morning the price was down over 2 % at $65,836.
Market Chatter
- Political Tension – President Trump hinted a military move against Iran could happen within the next ten days, with U.S. troops already spread across the region.
- Trade Policy Uncertainty – Trump announced a sudden rise in tariffs on many foreign partners to 15 %, just days after the Supreme Court struck down earlier tax measures.
These geopolitical jitters feed a broader trend: people are moving money away from riskier assets like Bitcoin toward safer stores such as gold and silver. Since the start of the year, Bitcoin has dropped 24 %, while gold is up about 20 % and silver has gained roughly 23 %.
The Bigger Picture
The dip shows how fragile digital currencies can be when global politics and economic policies shift. Investors who liked Bitcoin’s volatility may now feel uneasy, leading to a pullback that could reshape the crypto market in the coming weeks.