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.”
