Why Does Bitcoin Drop In February

Last Updated on August 28, 2023 by Paganoto

Cryptocurrencies fall after Russia invades Ukraine – Reuters

LONDON, Feb 24 (Reuters) – Bitcoin slumped to its lowest in a month on Thursday after Russian forces fired missiles at several cities in Ukraine and landed troops on its coast, sparking a sell-off of riskier assets.Feb 24, 2022

The case for bitcoin as 'digital gold' is falling apart – CNBC

A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices.

Cryptocurrencies: Sell-off continues, bitcoin and ethereum fall

Bitcoin briefly fell below $21,000 on Tuesday in Asia before bouncing back slightly, continuing its plunge as investors sold off risk assets.

Why Is Bitcoin's Price Dropping? – Investopedia

The price of Bitcoin is likely to be increasingly correlated with the prices of other assets.

Bitcoin price: Can the cryptocurrency recover in February?

Even though history points to positive returns in February, bitcoin could end up falling for a third consecutive month.

Can Your Crypto Bounce Back in February? – The Motley Fool

Momentum is back, so February is already off to a better start than where the crypto market was last month. Keeping that momentum building is …

Why Bitcoin, Ethereum, and Dogecoin Plunged This Weekend

The volatility in cryptocurrencies has been high on weekends in part because traders are taking time away from the market. And this is a holiday …

Experts Say Bitcoin Could Hit $100,000 In 2022. Here's … – TIME

The crypto market crash in June was spurred by momentary de-risking from Wall Street as many investors are feeling pessimistic about the economy amid surging …

Bitcoin and crypto assets flatline even as the February markets …

Bitcoin and crypto assets flatline even as the February markets rally pushes higher. In January, when risk assets of all stripes were under …

February Gains Disappear as Bitcoin Drops Below $9k

The sharp bitcoin drop comes as the traditional financial markets are recovering from a major selloff. In the U.S., the S&P 500 is off 5. 5 …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.