Rising risk aversion boosts gold and silver prices, while Bitcoin falls below $65,000

GateUser-6433627c · 2026-02-23T02:10:28+00:00

On February 23rd, driven by risk aversion sentiment, gold and silver prices rose. Spot gold increased by 1% to $5158.75 per ounce, and silver rose by 2.72% to $87.01 per ounce. U.S. stock futures declined across the board, cryptocurrencies generally fell, with Bitcoin dropping below $65,000, down more than 5% in 24 hours. Trump mentioned raising global tariffs to 15%.

GateUser-6433627c

2026-02-23 02:10:28

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On February 23, driven by risk aversion in Asian early trading, gold and silver prices rose. According to CEX data, spot gold increased by 1.00% intraday, currently at $5,158.75 per ounce. Spot silver rose by 2.72% intraday, currently at $87.01 per ounce. In the U.S. stock market, S&P 500 futures fell by 0.67%, Nasdaq futures down 0.87%, and Dow Jones futures down 0.56%. The crypto sector declined across the board. According to CEX market data, Bitcoin dropped below $65,000, down over 5% in 24 hours. Ethereum fell below $1,900, down over 6% in 24 hours. SOL dropped below $80, down over 8% in 24 hours. In the past hour, the entire network experienced $340 million in liquidations, with long positions accounting for $332 million. Previously, on February 22, Trump posted, “The Supreme Court’s ruling on tariffs yesterday was absurd and clumsy. I hereby declare that, as President of the United States, I will immediately raise the global tariff on many countries from 10% to a fully legal and legally tested 15% level.”

BTC-2,83%

ETH-3,25%

SOL-5,89%

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