February 23, 2026

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Bitcoin hovers around $68,000 as DOGE and ETH retreat on tariff uncertainty

Donald Trump intensified his trade stance by raising the blanket tariff rate to 15%, moving ahead despite a recent decision by the Supreme Court of the United States that invalidated earlier emergency trade measures.

Bitcoin slipped back toward $67,000 in Sunday trading as investors grappled with renewed tariff escalation and continued legal uncertainty in the U.S. BTC was changing hands near $67,526, down about 1.4% over the past 24 hours and roughly 2.1% on the week.

The Supreme Court ruling had briefly been viewed as limiting Washington’s authority to impose sweeping tariffs ahead of Trump’s scheduled March 31 trip to Beijing. Instead, the administration increased the global rate from 10% to 15%, sustaining pressure on China and other trading partners even as the legal basis for such measures remains contested.

China is now subject to the same 15% tariff applied to U.S. allies, under a 150-day framework. The combination of escalating trade tensions and policy ambiguity has left markets cautious, dampening appetite for risk assets.

Selling pressure extended across major cryptocurrencies. Ether fell 1.8% to $1,951 and is down 2.5% over the past week. XRP declined 4.4% on the day and 8.4% over seven days to $1.39. Solana slid 3.8% in 24 hours to $83.25, while Dogecoin dropped nearly 5% on the day and more than 11% on the week. Cardano lost 4.3%, and BNB edged lower by 2.3%.

Trade uncertainty is also spreading beyond Asia. European lawmakers have signaled hesitation in advancing the so-called Turnberry Agreement, seeking firmer assurances from Washington on trade policy before moving forward.

For now, crypto markets remain highly sensitive to macro headlines. Until there is greater clarity around tariff policy, digital assets are likely to continue tracking broader risk sentiment rather than responding to crypto-specific drivers.

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