From Investing.com

February 26, 2025 3:00:24 pm:

Bitcoin (BTC) has experienced its worst February in 11 years, with prices dropping below $45,000. The cryptocurrency has faced intense selling pressure, resulting in a significant decline in value. This marks a stark contrast to previous years where Bitcoin has seen significant growth during the month of February.

Investors are closely monitoring the situation as Bitcoin’s performance in February is often seen as a predictor of its performance for the rest of the year. This recent drop has raised concerns about the long-term outlook for the cryptocurrency market. Market analysts are divided on whether Bitcoin will be able to recover from this slump in the near future.

The recent downturn in Bitcoin’s price has been attributed to a variety of factors, including regulatory concerns, market volatility, and profit-taking by investors. This has led to increased uncertainty in the cryptocurrency market, with many traders opting to sell their holdings in order to limit their losses. The overall sentiment in the market remains cautious as investors wait to see how Bitcoin will perform in the coming weeks.

Read more at Investing.com: Bitcoin (BTC) Records Ugliest February in 11 Years