Bitcoin Drops Below $65,000: Trump's Tariff Announcement Shakes Crypto Market

Global Trade and Geopolitical Pressure Cryptocurrency markets are facing a new wave of selling driven by global economic uncertainties and increasing geopolitical risks.
President Donald Trump's statements regarding raising global customs tariffs to 15% have prompted investors to move away from risky assets.
Following this development, the leading cryptocurrency, Bitcoin, fell below the $65,000 level on Monday with a loss of more than 5%.
Domino Effect on Altcoins The decline in the altcoin market is considered a domino effect created by the sharp retreat in Bitcoin.
Jeff Mei, Chief Operating Officer at BTSE, stated that expectations of sudden tariff increases and U.S.
military activity around Iran have negatively impacted investor psychology.
According to Mei, risks of regional conflict and concerns over a potential slowdown in global trade are among the primary factors weakening demand for crypto assets.
Technical Outlook and Expectations Bitcoin remaining below the psychological threshold of $65,000 indicates that technical pressure on the market may continue.
Current data shows that Bitcoin has lost more than 26% since the beginning of the year and more than 47% since its peak in October.
Analysts suggest that for the market to recover, uncertainties regarding customs tariffs and geopolitical risks must subside.
The current situation reveals that investors prefer to remain cautious until macroeconomic developments become clearer.