Bitcoin price falls by 17.5% in biggest monthly loss since 2022
by Graeme Wearden from Technology | The Guardian on (#6VME9)
Cryptocurrency slipped into technical bear market, before Donald Trump talked up plans for Crypto Strategic Reserve
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.
Continue reading...