Bitcoin Drops Below $65,000: US Tariffs and Geopolitical Risks Shake Markets

Selling Pressure in the Crypto Market Cryptocurrency markets have faced a sharp wave of selling under the shadow of new US customs tariff policies and geopolitical risks in the Middle East.
US President Donald Trump's decision to increase global tariffs to 15%, combined with military movements in the region, triggered a decline of over 5% in Bitcoin's price.
Following these developments, the leading cryptocurrency fell below the critical $65,000 level.
Economic and Geopolitical Uncertainties After the US Supreme Court overturned previously imposed taxes, the White House announced that global customs duties of 10%, followed by 15%, would be applied to all countries.
In addition to this economic move, the increase in US military presence around Iran has deepened concerns among investors.
Jeff Mei, COO of BTSE, stated that the sudden increase in tariffs and the risk of a potential armed conflict that could affect global trade are putting pressure on the markets.
President Trump is expected to announce his decision regarding a possible military operation against Iran within 10 days.
Distance from Historical Peaks and Liquidity Issues After reaching an all-time high of over $125,000 in October 2025, Bitcoin has lost more than 47% of its value since then.
The cryptocurrency's loss in value this year alone has reached 26%.
Markus Thielen, Head of Research at 10x Research, argued that the decline should not be attributed solely to political developments.
Pointing to weak liquidity and a loss of confidence in the market, Thielen predicted that the Bitcoin price could retreat to the $50,000 level.