Crypto markets have tanked again, with Bitcoin dropping more than $3,000 in an hour or so, wiping out all weekend gains.<\/p>\n
Donald Trump has been on the tariff warpath again, imposing a 15% global tariff after the Supreme Court found<\/a> on Friday that his sweeping tariffs exceeded his authority.<\/p>\n \u201cMeanwhile, geopolitical tensions remain elevated between the US and Iran, with oil markets on edge,\u201d commented the Kobeissi Letter.<\/p>\n Markets are already digesting the latest round of tariffs in addition to the increased geopolitical tensions in the Middle East, with crypto markets tanking 4% on Monday morning.<\/p>\n Tuesday will see the release of February\u2019s Consumer Confidence data, which sheds light on consumer sentiment and potential spending patterns. Sentiment fell to its lowest level since 2014 in January as people were mostly concerned about employment conditions during the first month of the new year.<\/p>\n Thursday will see initial jobless claims, which paint a clear picture of pressures on the labor market, one of the Federal Reserve\u2019s two mandates for monetary policy. Friday will see the release of the January Producer Price Index (PPI), which is a measure of wholesale Inflation, the Fed\u2019s other mandate. However, it is unlikely to move the Fed off its wait-and-see approach.<\/p>\n Key Events This Week:<\/p>\n 1. Markets React to Trump\u2019s 15% Global Tariff \u2013 Monday<\/p>\n 2. February Consumer Confidence data \u2013 Tuesday<\/p>\n 3. Nvidia, $NVDA<\/a>, Reports Earnings \u2013 Wednesday<\/p>\n 4. Initial Jobless Claims data \u2013 Thursday<\/p>\n 5. January PPI Inflation data \u2013 Friday<\/p>\n 6. Total of 11 Fed\u2026<\/p>\n \u2014 The Kobeissi Letter (@KobeissiLetter) February 22, 2026<\/a><\/p>\n\n Wednesday\u2019s Nvidia earnings report could also rattle the AI sector if demand for the firm\u2019s chips appears to be waning, though this is unlikely.<\/p>\n A red Monday morning has seen total capitalization erase weekend gains with a 4% decline to $2.31 trillion.\u00a0Bitcoin tanked from $67,600 to just below $65,000 in a couple of hours and remains around the $65,000 level at the time of writing.<\/p>\n The asset is now down more than 5% on the week and at support at the bottom of its range-bound channel.\u00a0Ether prices saw similar losses, tanking to $1,860, its lowest level since February 6. Meanwhile, altcoins continue to bleed out with larger losses for Solana, Cardano, Hyperliquid, and Chainlink.<\/p>\n The post 4 Things That May Move Further Crypto Markets This Week<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Crypto markets have tanked again, with Bitcoin dropping more than $3,000 in an hour or so, wiping out all weekend gains. Donald Trump has been on the tariff warpath again, imposing a 15% global tariff after the Supreme Court found on Friday that his sweeping tariffs exceeded his authority. \u201cMeanwhile, geopolitical tensions remain elevated between […]<\/p>\n","protected":false},"author":0,"featured_media":137252,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-137251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137251"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=137251"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/137251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/137252"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Economic Events Feb. 23 to 27<\/h2>\n
Crypto Markets Tank Again<\/h2>\n