Bitcoin Falls Below $65,000 on Monday, Hitting Two-Week Low Amid Tariff Escalation

BTC0.98%
On Monday, Bitcoin dropped below $65,000, hitting its lowest point in over two weeks, as tariff concerns and geopolitical uncertainty weighed on global markets. The decline followed U.S. President Trump's announcement on Saturday to raise previously announced global tariffs from 10% to 15%, after the U.S. Supreme Court rejected his proposal for comprehensive reciprocal tariffs. The policy shift heightened concerns about potential trade agreement breakdowns, while investors also weighed growing risks of military action against Iran as nuclear negotiations stalled. Diplomats are scheduled to meet again in Geneva on Thursday.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments