PiCK

[Market] Bitcoin falls below $64,000…major altcoins also slide across the board

Suehyeon Lee

Summary

Bitcoin (BTC) extended its decline, with the $64,000 level breaking.
Major altcoins such as Ethereum (ETH), XRP, and Solana (SOL) also widened losses and moved lower across the board.
The drop was analyzed as the result of a combination of tariff-policy uncertainty and a broadening risk-off sentiment driven by rising tensions between the U.S. and Iran.

Bitcoin (BTC) has extended its decline, breaking below the $64,000 level.

As of 10:18 a.m. on the 24th (Korea time), Bitcoin was trading at $63,815.90, down 2.22% from the previous day, according to CoinMarketCap. On Upbit’s KRW market, it was trading at 94.14 million won, down 1.23% from the previous day.

Major altcoins including Ethereum (ETH) are also widening losses across the board. Ethereum was down 2.68% from the previous day at $1,827.07 on CoinMarketCap, while XRP was trading at $1.34, down 0.21%. Solana (SOL) was trading at $77.31, slipping 2.38% from the day before.

The decline is seen as the result of a combination of factors, including uncertainty surrounding the Donald Trump administration’s tariff policy and a broadening risk-off mood driven by escalating geopolitical tensions between the U.S. and Iran. The market expects the policy path ahead and developments in the Middle East to be key variables shaping near-term volatility.