Bitcoin Falls to Around $64,000 as Tariff Uncertainty Grows [Crypto Briefing]
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- 2026-02-24 10:26:15
- Updated
- 2026-02-24 10:26:15

[Financial News] Bitcoin fell to around $64,000 on the 24th. Market sentiment appears to have deteriorated after the Supreme Court of the United States (SCOTUS) ruled against reciprocal tariffs and President Donald Trump signaled the possibility of additional tariff hikes.
According to global crypto data platform CoinMarketCap, Bitcoin was trading at around $64,000 as of 10 a.m. that day, down 2.6% over the previous 24 hours. Bitcoin has fallen 5.89% over the past week.
In the won-denominated market, Bitcoin is trading at around 94.5 million won. Based on data from global crypto market comparison platform Cryprice, the Korea premium stands at 1.68%.
President Trump has continued to stress a hardline protectionist stance even after the SCOTUS ruling. On the 23rd (local time), he warned, "Because of the Supreme Court decision, any country that tries to play games will face higher tariffs." As tariff uncertainty flared up again, the three major U.S. stock indexes in New York all closed lower on the 23rd (local time).
Investor sentiment has also worsened. The Crypto Fear and Greed Index provided by CoinMarketCap stood at 11 that day, indicating "extreme fear," down from 14 the previous day. The index ranges from 0 to 100, with readings near 0 interpreted as "extreme fear" and those near 100 as "extreme greed."
Institutional funds are also flowing out. According to CoinMarketCap, institutions were net sellers of Spot Bitcoin ETFs for three consecutive trading days from the 17th to the 19th, unloading a total of $404 million. They then turned net buyers on the 20th, purchasing $88.1 million, but reverted to net selling on the 23rd, offloading another $58.76 million.
At the same time, Ethereum was trading around $1,865, down 3.08% from the previous day. Ripple (XRP) was changing hands at about $1.35, down 0.67%.
yimsh0214@fnnews.com Lim Sang-hyuk Reporter