$BTC
Bitcoin has recorded its largest monthly loss since June 2022, pushing it into a bear market as the euphoria over cryptocurrencies after Donald Trump’s election win faded, before the president pumped it up again on Sunday.
The price of bitcoin fell by 17.5% in February, the biggest monthly drop since June 2022, and its 11th worst month in the last decade, as negative sentiment gripped financial markets.Having been driven upward by the “Trump trade” that fuelled markets after last November’s election, crypto stumbled as stocks on Wall Street, and the US dollar, also weakened during February.
