New US Tariffs Hit Crypto Market: Bitcoin Drops Below $65,000

Tariff Pressure on Markets The US administration's announcements regarding new customs tariffs have increased uncertainty in global markets, leading to a significant loss of value in cryptocurrency assets.
On the first trading day of the week, the price of Bitcoin fell below the $65,000 mark.
This decline also negatively impacted shares of crypto-focused companies; Robinhood lost 1.3% in pre-market trading, while MicroStrategy saw a 1.7% decrease in value.
The sell-off was not limited to the leading cryptocurrency.
The primary reason for this downward momentum is attributed to President Donald Trump's announcement that he will increase the global customs tariff rate by 5 percentage points to 15%.
Legal Uncertainties and the Trade Act The new regulation will replace old tax practices that the US Supreme Court found unlawful on February 20.
Trump stated that he would invoke Section 122 of the Trade Act of 1974 during this process.
However, current laws only allow such taxes to be implemented for 150 days without Congressional approval.
This situation creates a serious predictability problem for market actors.
Deutsche Bank Strategist Jim Reid emphasized that this scenario creates a significant area of uncertainty.
Reid stated that the relevant article is a temporary tool designed to solve urgent balance of payments issues, and that new legal challenges are likely if the implementation is repeatedly extended.
Digital Gold Debates Resurface Macroeconomic and legal uncertainties continuing since the beginning of 2026 have led to Bitcoin losing a total of 25% of its value since the start of the year.
The divergence of cryptocurrencies from traditional safe-haven assets has reached a striking level.
Analysts emphasize that maintaining technical support at the $65,000 level is psychologically critical.
In the coming period, news flow from Congress and clarification of trade policies are expected to be decisive for the market's direction.