Why did Bitcoin fall below $65,000 today?

Tariff headlines drove risk-off trading. The Trump tariff plan raised uncertainty around global growth and trade, prompting investors to cut exposure. That pressure, plus thin liquidity, pushed Bitcoin through $65,000 before stabilizing. Macro news continues to steer intraday moves, so expect two-way volatility as traders reassess positioning and hedging.

What are the key levels to watch after the crypto market selloff?

We are watching $65,000 as near-term support. A close above the 73,709 Bollinger midline would signal a better tone. On strength, 82,615 and 99,631 are important moving averages. On weakness, the 56,800 lower band is a risk marker. Use these zones with strict risk controls and confirmed volume.

How do tariffs affect digital assets like Bitcoin?

Tariffs can slow growth, tighten financial conditions, and lift the dollar. Those effects usually reduce risk appetite and can pressure speculative assets, including crypto. When uncertainty rises, liquidity thins and swings increase. That is why Bitcoin often moves sharply on policy headlines, even if the news is not crypto specific.

What should Swiss investors consider when trading Bitcoin today?

Focus on execution. Check ETP spreads on SIX, review tracking gaps, and decide whether CHF hedging suits your portfolio. Use staggered limit orders, avoid high leverage while ATR is elevated, and set alerts near $65,000 and 73,709. Always size positions to your risk budget and account for fees and taxes.

Global Market Insights

BTCUSD Today, February 23: Tariff Shock Knocks Bitcoin Below $65,000

ByHuzaifa Zahoor February 23, 2026February 23, 2026

Bitcoin price today is under pressure after a tariff shock hit global risk assets. The move followed the Trump tariff plan to raise global duties to 15%, sending traders to cut exposure and pushing the token briefly below $65,000. For Swiss investors, the pair BTCUSD trades with wide swings and thin liquidity. We break down the drivers, the key technical levels, and what this means for portfolios funded in CHF. Stay focused on volatility, execution, and risk controls today.