Sharp Losses in Bitcoin and Altcoins: Market Shaken by US Tariff Decisions

Selling Pressure Dominates Markets Cryptocurrency markets began the new week under heavy selling pressure, overshadowed by global economic uncertainties.
Bitcoin, the leading cryptocurrency, dropped to as low as $64,338 during the day, marking its lowest level since February 6.
In recent trading, Bitcoin lost 3.7% of its value and is currently attempting to stabilize around the $65,097 level.
Ether, the market's second-largest asset, retreated to $1,865 with a 4.33% decline.
Tariff Decisions and Global Uncertainty Legal and political developments in the United States are cited as the primary reason behind the sell-off.
A US Supreme Court decision to overturn President Donald Trump's tariff authority, exercised under a state of emergency, caused tremors in the markets.
Despite statements from US officials that existing trade agreements remain valid, Trump's decision to increase global tariffs from 10% to 15% has heightened investor anxiety.
This situation triggered volatility in risky assets such as cryptocurrencies.
Critical Technical Levels Analysts emphasize that sudden changes in global trade policies have weakened short-term risk appetite.
From a technical perspective, the $65,000 level is considered a critical support threshold for Bitcoin.
Experts warn that if a permanent close occurs below this level, the $60,000 range could come into play.
For a renewed upward momentum to form in the market, the $70,000 resistance level must be surpassed.