Crypto price news: BTC unfazed by Trump tariff news; DOGE, SOL, ADA lead modest bounce

CoinDesk

by Krisztian Sandor

February 20, 2026

AI-Generated Deep Dive Summary

Crypto prices showed resilience on Friday, with Bitcoin brushing off news of President Trump's tariffs and inching closer to $68,000. Despite the U.S. Supreme Court ruling that Trump's global tariff rollout was illegal, altcoins like DOGE, SOL, and ADA led a modest rebound in the market. The decision left uncertainties about the fate of already collected tariffs and didn't completely derail Trump's trade agenda, as he later announced an additional 10% global tariff under Section 122. Crypto assets, along with broader risk markets, saw gains, with the CoinDesk 20 Index rising 2.5% over the past 24 hours. Bitcoin's performance was steady, trading just below $68,000 after briefly surging to $68,300 following the Supreme Court ruling. Altcoins outperformed, with BNB, DOGE, ADA, and Solana each gaining between 3% and 4%. Meanwhile, crypto-linked stocks such as Coinbase (COIN), Circle (CRCL), and Strategy (MSTR) saw gains of over 2%, while Bitcoin miners tied to AI infrastructure underperformed, with companies like Riot Platforms (RIOT) and Cipher Mining (CIFR) experiencing drops ranging from 3% to 6%. The broader market also showed strength, with the S&P 500 and Nasdaq 100 climbing 0.9% and 0.7%, respectively. However, trading volumes remained muted, suggesting a cautious optimism in the crypto space. Analysts noted that while risk assets saw a small rally post-tariff news, sentiment was still fragile. Crypto markets have been range-bound for months, with limited conviction among traders about breaking out of this pattern. The potential macro risks, such as Trump ordering strikes against Iran, loom large and could impact the market further. For now, crypto appears to be weathering external shocks well, with Bitcoin's stability

Verticals

cryptofinance

Originally published on CoinDesk on 2/20/2026