Risk Aversion Boosts Gold and Silver Prices, Bitcoin Falls Below $65,000

BlockBeats News, February 23rd, driven by risk aversion sentiment in the Asian morning market, the prices of gold and silver rose. According to Bitget data, spot gold rose by 1.00% intraday, now trading at $1,158.75 per ounce. Spot silver rose by 2.72% intraday, now trading at $87.01 per ounce.

As for the U.S. stock market, S&P 500 futures fell by 0.67%, Nasdaq futures fell by 0.87%, and Dow futures fell by 0.56%.

In the crypto sector, there was a general decline. According to HTX market data, Bitcoin fell below $65,000, with a more than 5% decline in 24 hours. Ethereum fell below $1,900, with a more than 6% decline in 24 hours. SOL fell below $80, with a more than 8% decline in 24 hours. A total of $340 million was liquidated across the entire network in the past hour, with long positions liquidated accounting for $332 million.

Global trade tensions resurfaced. On February 22nd, Trump tweeted, "Yesterday's decision by the U.S. Supreme Court on tariffs is ridiculous and incompetent. I hereby declare, as the President of the United States of America, that I will immediately raise the 10% global tariff imposed on many countries to a level of 15% that is fully legal and has been legally verified."