Bitcoin (BTC) jumps after falling to $ 80,000

The price Bitcoin has recovered and climbed to $ 84,350 after only $ 80,000 fell.

Investor resources appear to be as the cryptocurrencies improved after the wide February shields. However, even late daydroping 28. February, BTC is a month at the end of 20%, because it hit at all of 109,000 dollars 20. January, US President Donald Trump inauguration.

Despite the recovery of bitcoin, other cryptocurries Continue to slide the lowerWith Etherum (ETH) a price that rejects 2% 28. February to trade in $ 2,225. Mema coins are also falling after the American Securities and Exchange Commission has ruled that most speculative means “rather than securities”. Dogecoin’s (Dogs) The price dropped more than 5% in the last day and currently traded $ 0.20.

Risks of funds

Market Observers agree that this is a feeling toward Class property as it is crypto are injured by the threats of trade tariffs, slowing to the US economy and signs it inflation is resourceful. Some analysts now speculate that the market can enter a new “crypt winter”, a situation that has not occurred since 2022. years after collapse billions of dollars crypto Exchange FTX.

The Recovery in bitcoin By the end of February, he coincided with the late Danish set in capital balance, with all three main American indices nearby. A blue chip DOW JONES INDUSTRIAL Average She ended up a trading session of more than 600 points, while the Benchmark S & P 500 index received 1.59%.

Is BTC purchase?

Most Wall Street firms do not offer rating or prices of targets at Bitcoin, so we will look at cryptocurrenci Quarter performance instead. As can be seen in the chart below, the price of BTC has dropped 13.72% in the last 12 weeks.