Bitcoin drops almost 17% in February the worst month since June 2022. Years

Bitcoin (BTC-USD) Filled over 16% in February, marking the worst monthly performance cryptocurrency since June 2022. Years.

Bitcoin fell as much as 5% on Friday and is traded below $ 80,000 for the first time before losing losses. Even with a cryptocurrian bustle at about 84,000 levels on Friday afternoon, Bitcoin stood at the lowest since November.

Friday came the day after President Donald Trump said that 25% of the tariffs on the goods from Canada and Mexico, as well as an additional 10% tariffs in Chinese import, enter into force on 4. March. March. March.

NIC PUCKRIN, financial analyst and founder of the coin, said in Imail Yahoo Finance at the beginning of this week that “a sharp sale of crippt on the restored tariff fears shows that bitcoin, and even altcoinsIt is now fully driven by politics. “

“It was never an intention for Bitcoin – Indeed, it was designed as anti-political means – but we are here now.”

Bitcoin gathered from Election of Donald Trump, abolishing 44% from the day of choice in November to High of High of High of High of High of High of High 109.1615 at 19. January.

Investors were Optimistic in terms of portable attitudes for the President’s Crypts creating Loose regulator for the industry from the previous administration. Trump has Appointed in essential capitalist david bags to the newly created role of the white home role of CRIPTO CZAR, and its choice for a chair is A well-famous crypt for crypto Paul Atkins.

But recent losses partially erased those gains as The so-called Trump Trade loses money. Macroeconomic insecurity and $ 1.5 billion Cripto Exchange Hack contributed to the return between investors.

Puckrin was in his commentary in his comment, “If he was taking care of tariffs, Bitcoin could continue in a short period,” adding “,” add “at the level of viewing support would then be $ 71,000.”

Meanwhile, the other crypto supplies gathered on Friday.

Coinbase (Coin) jumped 3.5%, and platform rebellions (Rebel) increased by more than 7%. Strategy (Mstr) The largest corporate carrier Bitcoin, climbed over 6%, because each erased losses from earlier at the session.

Laura Bratton is a reporter for Yahoo Finance. Follow it on Blueski @ Laurabratton.bski.social. Email her at laura.bratton@yahooinc.com.

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