Bitcoin drops over 5% to under $64,000

• Bitcoin broke through the $64,000 price level with a decline exceeding 5% in a single trading session
• The cryptocurrency selloff was driven by investor concerns over escalating tariff tensions and geopolitical uncertainty
• The decline continues broader volatility in digital asset markets as macroeconomic risks weigh on risk-on investments

Summary: Bitcoin Drops Over 5% Below $64,000

Key Market Movement:

Bitcoin tumbled more than 5% on Tuesday, falling below the $64,000 threshold in a significant decline for the leading cryptocurrency.

Primary Catalysts:

The sell-off was driven by two main factors:

• Escalating tariff tensions
• Broader geopolitical risks

Investors appear to be taking a risk-off approach amid growing uncertainty in global trade policy and international relations.

Market Context:

This decline represents a continuation of downward pressure on Bitcoin, suggesting sustained concerns rather than a temporary dip. The breach of the $64,000 level is psychologically significant for traders monitoring key support levels.

Asset Class Implications:

The sharp decline in Bitcoin reflects broader market anxiety affecting risk assets. Cryptocurrencies, often viewed as speculative investments, tend to be particularly sensitive to geopolitical uncertainty and macroeconomic concerns. The tariff tensions mentioned likely relate to ongoing trade policy developments that are creating volatility across multiple asset classes.

Trading Significance:

The 5%+ single-day drop represents substantial volatility even by cryptocurrency standards, indicating heightened selling pressure and potential capitulation among some holders. Traders will likely monitor whether Bitcoin can find support at current levels or if further deterioration is ahead.

Note: This was reported as breaking news on Tuesday, February 24, 2026 (per the URL date reference), suggesting the situation was developing and additional details may have emerged subsequently.