15% tariffs

Bitcoin's Getting Smashed Right Now!

At 2:45 AM UTC on February 23, 2026, the trading market looks brutal. $BTC just dropped another 5% in the last day, dipping below $65k and scraping around $64,700–$64,800 as I type this. It was around $67,500 over the weekend. Then announcements of Trumps new tariffs hit the market hard.

Whales started to dump $BTC locking in profits or cutting risk before things get uglier. That triggered a wave of stop-loss hits on most long positions. Futures open positions are bleeding out fast and high leverage traders are getting wrecked left and right. The market saw 200 Million in liquidations in a one hour span.

Earlier this week the U.S.A Supreme Court ruled Trump's tariffs were deemed illegal and over turned them. In a response by Trump he imposed a new 15% tariff bump on worldwide imports, this caused pure panic mode in the market and Fear & Greed Index is in extreme fear territory.

It’s only the start of the trading day and markets are already in panic mode. It’s important to follow charts and stay up to date on all incoming news to see if market will recover. Market is very dangerous today all traders should trade with extreme caution.

$BTC had support at around 65k zone. Now that the support level was broken it can lead to a more bearish market if it doesn’t recover soon.

#TrumpNewTariffs