By the end of February 2025 Bitcoin fell 21%, the second-worst last month of winter in cryptocurrency history. The biggest decline came in February 2014, when a hack Bitcoin- Mt.Gox exchange BTC fell by 30%.
According to analysts at the cryptocurrency exchange Coinbase, the February correction of Bitcoin, when the asset’s rate fell below $80,000, occurred because there were no “positive catalysts to increase the investment attractiveness of BTC.”
In our view, the decline was driven by a lack of positive short-term catalysts for the space, as well as a lack of technical support in the $80,000 to $95,000 range, said Coinbase analysts David Han and David Duong.
Throughout February, institutional investors demonstrated a «cautious mood,» experts say. As a result, American Bitcoin-funds have seen record outflows. From BTC in the last week alone-ETF More than $2,9 billion was withdrawn.
At the same time, global stock markets showed resilience in February, including thanks to growth in the AI sector. Gold also managed to maintain its value amid ongoing central bank purchases.