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The media reported a 17.5 drop in the bitcoin price in February.%

The Guardian: Bitcoin price dropped by 17.5% in February%
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Photo: IZVESTIA/Yulia Khramtsova
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Cost cryptocurrencies bitcoin fell by 17.5% in February 2025, which was the largest monthly drop since 2022. This was reported on March 2 by The Guardian.

"The price of bitcoin fell by 17.5% in February, which was the largest monthly drop since June 2022," the article says.

According to the publication, bitcoin weakened amid "growing volatility in financial markets," which was caused by fears of a global trade war.

According to experts, the cryptocurrency market continues to experience a "wave of negative sentiment." As of March 2, according to CoinMarketCap, the cost of bitcoin is $86 thousand

It is noted that bitcoin has already recovered from sharp monthly drops in the past. It dropped 41% in June 2022 before jumping 26% in July.

On February 28, the cost of bitcoin for the first time since November 10, 2024 dropped below the $80k mark and approached $79k

On March 2, the founder of GBIG HOLDINGS, Rufat Abyasov, told Izvestia that in March the exchange rate bitcoin may return to growth and exceed $100 thousand. Among the positive factors, he mentioned the possible approval of several new exchange-traded ETFs and the purchase of cryptocurrencies by institutions.

Переведено сервисом «Яндекс Переводчик»

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