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.
You may also like
Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”
Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.

US Research Review - Azenta, Cencora, Stratasys
After Jensen Huang stepped down, Nvidia (NVDA.US) shares plunged; retail investors bought up $111 million within half an hour of the market opening.
Retail investors are still betting on a rebound in NVIDIA (NVDA.US) stock price.

UBS raises Target's price target to $205

