Monday tumble đź« 

Bitcoin and Ethereum fell to more than two-week lows Monday as markets dealt with the fallout of President Trump's latest tariff moves.

Author

Andrew Hayward
February 23, 2026

đź“ť What you need to know

Bitcoin and Ethereum fell to more than two-week lows Monday as financial markets digested the impact of President Trump’s moves to implement new global tariffs on trade partners following Friday’s Supreme Court verdict against him.

As major stock indices showed red across the board, Bitcoin dipped below $64,000 while Ethereum fell as low as $1,845 this afternoon. Both are only slightly above those levels, while coins like Solana and Hyperliquid have marked heavier losses. More than $620 million worth of crypto positions have been liquidated in the last 24 hours.

Bitcoin's Dip Under $65K Pushes Crypto Liquidations to $500M

Bitcoin's drop below $65K triggered over $500M in liquidations, as macro uncertainty from tariffs and geopolitics reprices risk assets.

đź“° In the News

Trump-Backed Stablecoin Briefly Slips as World Liberty Claims 'Coordinated Attack'

The company’s native token, WLFI, also fell 7% around the same time that its stablecoin, USD1, briefly fell below a dollar peg.

Ethereum Founder Vitalik Buterin Continues ETH Selling Spree

Ethereum founder Vitalik Buterin has been selling ETH in the last few days as the second-largest crypto asset continues its fall.

Kalshi Clears 'Backlog' of Suspicious Activity, Plans to Disclose Actions Against Insider Trading

Kalshi will publish enforcement actions after tasking a former investigator of white collar crimes with sifting through suspicious trades.

đź“Š Myriad Market of the Day

Oscars 2026: Will "Sinners" win more than 4 Oscars?

Trade "Oscars 2026: Will "Sinners" win more than 4 Oscars?" on Myriad

đź’¬ Quote of the Day

âťť

“I do not want to see a world where we equate a piece of technology to a human being.”

Billionaire tech founder Sridhar Vembu rebukes Sam Altman on the cost of training AI

🥇 Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

🕵🏻‍♀️ Editor’s Picks

We Talked to an AI Trained on Jeffrey Epstein’s Emails. Here's What It Said

Someone fine-tuned an AI on the Jeffrey Epstein email dump. We ran it locally. It called us "goyim" and invited us to a party.

Strategy’s 100th Bitcoin Purchase Ever Is Its Smallest Yet in 2026

Strategy disclosed its smallest Bitcoin purchase so far this year, betting modestly on the digital asset before hosting a conference in Las Vegas.

Ethereum Hits 2-Week Low—And Tom Lee's BitMine Just Added to Its $8.4 Billion Stash

Publicly traded Ethereum treasury firm BitMine Immersion Technologies added to its industry-leading stash last week as ETH slides.

đź“š Watch and Learn

📹️ WATCH: Supreme Court Denies Trump Tariffs, Bithumb’s $43B BTC Mistake, Lobstar AI Sends $250K to Reply Guy

🎓 LEARN: What Are Prediction Markets? How Polymarket, Kalshi and Myriad Work

On-chain prediction markets such as Myriad have rapidly gained traction in recent years. Here’s how they work.

Interested in partnering with Decrypt? Find out more here.