Bitcoin has experienced significant price fluctuations recently.
In February 2025, Bitcoin's price declined by 17.2%, marking its worst monthly performance since June 2022. This downturn was accompanied by record outflows from Bitcoin ETFs, totaling $3.3 billion, as institutional investors rebalanced their portfolios amid a broader risk-off sentiment.
The recent price drop is attributed to several factors, including economic uncertainties and market volatility. For instance, tariffs imposed by the Trump administration on Mexico and Canada have been seen as inflationary, potentially hindering interest rate cuts, which in turn have impacted Bitcoin's price.
Despite these challenges, some analysts believe that Bitcoin may enter a consolidation phase around the $84,000 level, potentially stabilizing before the next significant price movement.
Please note that the cryptocurrency market is highly volatile, and past performance does not guarantee future results.