Bitcoin (BTC) is experiencing its worst month in three years, with a 22% drop. Concerns over President Trump's tariffs, inflation, interest-rate cuts, and risk aversion have contributed to the decline. This week alone, BTC has fallen nearly 18%, the steepest decline since November 2022. The average buyer who purchased bitcoin this year is now 18% worse off, with the average purchase price at around $97,880. On-chain data shows that realized losses have increased as the price has dropped, with about $1 billion in losses recorded daily over the past three days. Furthermore, the crypto market cap has decreased by $1.1 trillion, bringing the total to $2.59 trillion.
Content Editor ( coindesk.com )
- 2025-02-28
Bitcoin Set for Worst Month Since June 2022, Worst Week Since November That Year
