Bitcoin is experiencing a significant drop in value, closing February with a 21% decrease. This makes it the second-worst February in the history of cryptocurrencies. The decline is attributed to a lack of positive catalysts and technical support. In contrast, global stock markets remain resilient, particularly in the AI sector. Gold also maintains its upward momentum due to central bank purchases. Weakening macroeconomic sentiment in the US, as indicated by declining consumer sentiment indexes, adds to concerns about an economic slowdown and weighs on risk assets like cryptocurrencies. Institutional investors have been pulling funds from US spot Bitcoin ETFs, and the lending market shows a risk-off trend.



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