Risk Aversion Boosts Gold and Silver Prices, Bitcoin Falls Below $65,000

**February 23rd Market Brief** ### Precious Metals Gain on Risk Aversion Gold and silver rose in Asia’s morning session amid risk-off sentiment. Per Bitget data: - Spot gold: +1.00% intraday, last trading at $1,158.75/oz - Spot silver: +2.72% intraday, last trading at $87.01/oz ### U.S. Equity Futures Fall - S&P 500 futures: -0.67% - Nasdaq futures: -0.87% - Dow futures: -0.56% ### Crypto Market Tumbles Broadly HTX data shows sharp declines: - Bitcoin: Dropped below $65,000 (-5%+ 24h) - Ethereum: Fell under $1,900 (-6%+ 24h) - SOL: Slid below $80 (-8%+ 24h) *1-hour liquidations: $340M total, with $332M from long positions* ### Trump’s Tariff Announcement (Feb 22) Former President Trump tweeted: “Yesterday’s Supreme Court tariff ruling is ridiculous and botched. As U.S. President, I will immediately raise the 10% global tariff on many countries to a fully legal, tested 15%.”