{"id":22527,"date":"2026-02-23T05:33:18","date_gmt":"2026-02-23T05:33:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-prices-today-feb-23-sol-hype-zec-decline-sharply-as-btc-falls-below-65k\/"},"modified":"2026-02-23T05:33:50","modified_gmt":"2026-02-23T05:33:50","slug":"crypto-prices-today-feb-23-sol-hype-zec-decline-sharply-as-btc-falls-below-65k","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-prices-today-feb-23-sol-hype-zec-decline-sharply-as-btc-falls-below-65k\/","title":{"rendered":"Crypto prices today (Feb. 23): SOL, HYPE, ZEC decline sharply as BTC falls below $65K"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Crypto prices today fell as Bitcoin dropped below $65,000 and altcoins posted steeper losses amid rising tariff uncertainty.<\/p>\n<div id=\"cn-block-summary-block_1ee7ebdbf9ba873c2ff86e4e35533f83\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin fell below a key support level, extending its monthly losing streak.<\/li>\n<li>Major altcoins posted steeper losses as sentiment weakened.<\/li>\n<li>Liquidations surged as leveraged long positions were wiped out.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The crypto market opened the week under pressure. Total market capitalization fell 4.2% in the past 24 hours to $2.3 trillion.<\/p>\n<p>Bitcoin dropped 4.5%, slipping below the $65,000 level and marking its fifth consecutive month of decline. The break of $65,000, widely viewed as a key psychological and technical support zone, has increased concerns about a potential move toward $60,000.<\/p>\n<p>Altcoins posted steeper losses. Solana fell 9.1% to $77, Hyperliquid declined 9.8% to $27, and Zcash slid 8.2% to $234.<\/p>\n<p>Market sentiment remains deeply negative. The Crypto Fear &amp; Greed Index dropped four points to 5, keeping it firmly in the \u201cExtreme Fear\u201d zone.<\/p>\n<p>According to CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/\" target=\"_blank\" rel=\"nofollow\">data<\/a>, 24-hour liquidations jumped 436% to $463 million. Long positions made up $432 million, or about 93% of total liquidations. This indicates that when prices dropped, traders who had been betting on a recovery were driven out.\u00a0<\/p>\n<p>The total cryptocurrency open interest fell 1.51% to $95 billion, indicating that some traders are closing positions. Weak momentum is indicated by the average market relative strength index, which is close to oversold levels at 33. <\/p>\n<p>The sharp rise in liquidations suggests that leverage played a major role in today\u2019s drop.<\/p>\n<h2 class=\"wp-block-heading\">Tariff uncertainty shakes risk assets<\/h2>\n<p>The main trigger for the sell-off appears to be fresh uncertainty around U.S. trade policy.<\/p>\n<p>Over the weekend, President Donald Trump raised a proposed global tariff rate from 10% to 15% through a post on Truth Social. This came after the U.S. Supreme Court struck down earlier emergency tariffs imposed under IEEPA. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Trump then moved to reintroduce tariffs under Section 122 of the Trade Act of 1974, citing balance-of-payments concerns.<\/p>\n<p>The policy shift unsettled financial markets. Gold and silver held up relatively well, while crypto assets sold off. Bitcoin continues to behave like a high-risk asset in times of economic stress.<\/p>\n<p>Interestingly, crypto diverged from some stock markets. Asian equities traded higher in early sessions, while digital assets moved lower. That contrast highlights how sensitive crypto is to sudden risk-off headlines.<\/p>\n<h2 class=\"wp-block-heading\">Short-term outlook: focus shifts to $60K<\/h2>\n<p>Analysts had pointed to $65,000 as a key support level for Bitcoin. With that level lost, $60,000 is now the next major area to watch.<\/p>\n<p>In a Feb. 23 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/glassnode\/status\/2025728673329111346?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\" rel=\"nofollow\">update<\/a>, Glassnode said investor capitulation is still playing out as Bitcoin searches for a bottom.<\/p>\n<p>The seven-day EMA of Bitcoin\u2019s Net Realized Profit and Loss stands near -$480 million, after falling to -$1.24 billion on Feb. 6. Although realized losses have eased since then, selling pressure is still visible in on-chain data.<\/p>\n<p>In the coming days, price action could stay volatile. If macro fears intensify, Bitcoin may test $60,000 or even lower. On the other hand, a quick move back above the $65,000\u2013$68,000 range could trigger a relief bounce.<\/p>\n<p>For now, traders are watching tariff headlines, Federal Reserve signals, exchange-traded fund flows, and on-chain metrics for signs of stabilization. Extreme fear can sometimes mark a short-term bottom,\u00a0 but confirmation has yet to appear.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto prices today fell as Bitcoin dropped below $65,000 and altcoins posted steeper losses amid rising tariff uncertainty. Summary Bitcoin fell below a key support level, extending its monthly losing&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22527"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22527\/revisions"}],"predecessor-version":[{"id":22528,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22527\/revisions\/22528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8371"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}