In London, cryptocurrency has fallen by 5.8% — to $79,363, marking a decline of more than 25% since reaching an all-time high less than six weeks ago. Cryptocurrencies Ether, Solana, and XRP also dropped by more than 7%.
In total, in February 2025, Bitcoin has fallen by more than 20%. If this trend continues until the end of Friday, it will be the largest monthly decline since June 2022.
The price drop highlights the rapid dynamics of digital assets, which previously surged following Trump's election victory.
Bitcoin reached its all-time high of nearly $110,000 on January 20, the day of Trump's inauguration. But this cryptocurrency has fallen amid widespread concerns over Trump's aggressive policies and general worries about issues in the U.S. economy.
This has also affected American exchange-traded funds trading cryptocurrencies: on Tuesday, February 25, investors withdrew more than $1 billion from them, marking a record one-day outflow of assets since the funds were launched.