The price of Bitcoin falls by 17.5% in the largest monthly loss of 2022. Year | Bitcoin

Bitcoin recorded his biggest monthly loss since June 2022. year, pushing him into the bears as euphoria due to Kriptokarnica after the choice of Donald Trump faded.

The price of Bitcoin fell by 17.5% in February, the largest monthly fall from June 2022. years and its worst month in the last decade, as a negative feeling affected financial markets.

The world’s largest crypto finished February at about $ 84,252 (67,010 pounds), hit on Friday for about $ 78,273 during trading.

Bitcoin has now fell more than 20% below the record group of HNG 109.071, in mid-January, which puts it on the Technical Bear market.

Bitcoin weakened in the middle of growing volatility in the financial markets, blamed the fears of the Global Trading War Donald Trump promised to impose new tariffs on import from Canada this week, Mexico and China this week.

After moving up “Trump’s trade”, which encouraged markets after last November, Cripto encountered stock on Wall Street, and the American dollar, also weakened during February.

Criptocurrencies have risen after winning the Trump choice, driven by speculations White house would take pro-crypto accessAnd he could create a Bitcoin strategic reserve.

However, that optimism faded, because traders await a clear pro-crypto regulatory framework from the Trump administration. Osentiment was also injured Cyber-Attack on Bibit Exchange In which there was 1.5 billion digital funds stolen in February.

Susannah Streter, Chief of Money and Markets at Hargreaves Lansdown, said the crypto market was still beaten with a wave of a negative feeling.

“Bears broke around the crypto market, and Cripto rejected 20% of her recent tip.”

The streamer added: “The aggressive trade approach” Donald Trump causes concerns about investors who rejected from risky funds, and huge Hak be to be to be in Dubai also rattled. Without any firm, they turn away from Trump to show their support for the crypto sector, the nervousness seems to continue. “

Bitcoin recovered from sharp monthly falls. In June 2022. his worst month, it dropped 41% from 31,700 to $ 18,700, before jumping by 26% in July.