Bitcoin price falls by 17.5% in biggest monthly loss since 2022

Cryptocurrency slipped into technical bear market, before Donald Trump talked up plans for Crypto Strategic Reserve
Bitcoin has recorded its largest monthly loss since June 2022, pushing it into a bear market as the euphoria over cryptocurrencies after Donald Trump’s election win faded, before the president pumped it up again on Sunday.
The price of bitcoin fell by 17.5% in February, the biggest monthly drop since June 2022, and its 11th worst month in the last decade, as negative sentiment gripped financial markets.
Continue reading...
Read more at The Guardian
Topics
-
US consumer confidence plummets in February, biggest monthly decline since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said TuesdayABC News - 5d -
Bitcoin turns positive but still heads for its worst week since 2022 FTX collapse
Bitcoin turned positive on Friday morning after falling below the $80,000 level overnight for the first time in three months.CNBC - 2d -
As the price of bitcoin falls, you can leverage this tax 'loophole,' experts say
With the price of bitcoin down from a record high in January, there could be opportunities for a tax break, experts say.CNBC - 2d -
10-, 30-year yields see biggest monthly drop since December 2023 on growth fears
U.S. government debt rallied on Friday, pushing yields broadly lower, after inflation from the Federal Reserve’s preferred measure came in as expected for January.MarketWatch - 2d -
Bitcoin falls below 90K in 3-month low
Bitcoin fell below $90,000 on Tuesday, marking a three-month low for the popular cryptocurrency. The price of Bitcoin dropped more than 8 percent to $87,262 as of Tuesday afternoon, according to ...The Hill - 5d -
Bitcoin drops to lowest price in 3 months
Bitcoin has dropped to its lowest price in three months as the Trump administration embraces cryptocurrency. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 5d -
Consumer confidence has biggest drop since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years. Kelly O'Grady explains.CBS News - 5d -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 6d -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - Feb. 22
More from The Guardian
-
Defiant but tactful Zelenskyy seeks to move on from White House fiasco
Ukraine’s president says after Oval Office meltdown best ‘left to history’, adding minerals deal is ready to sign. Ukraine war: live updates A defiant but tactful Volodymyr Zelenskyy refused ...The Guardian - 10h -
Israel cuts off humanitarian supplies to Gaza as it seeks to change ceasefire deal
Netanyahu wants Hamas to allow for release of hostages without troop withdrawal, in plan Israel says came from US. Israel has cut off humanitarian supplies to Gaza in an effort to pressure Hamas ...The Guardian - 21h -
Anora dominates the Oscars as Mikey Madison named best actress and Adrien Brody wins for The Brutalist
Sean Baker’s film picks up five awards including best picture while Israel-Palestine documentary No Other Land also gets major win. How Anora swept the Oscars – and the complete list of ...The Guardian - 4h -
Striking images show Blue Ghost Mission 1’s successful moon landing
US firm Firefly Aerospace celebrates second-ever commercial lunar landing. A US company has successfully landed its spacecraft on the moon, marking only the second private mission to achieve the ...The Guardian - 16h -
‘America is going down’: China can capitalise on damage caused by Trump, former PLA colonel says
Exclusive: Zhou Bo says harm done to US image may make Taiwanese reconsider their attitude towards Beijing but says he sees Trump as overall being ‘rather friendly’. The damage caused by Donald ...The Guardian - 22h
More in World
-
From the simple to the spectacular: the 20 best dessert recipes to comfort and delight
From crumbles to cheesecake, sticky toffee to tiramisu – the sweetest ways to finish any meal. “For god’s sake, someone make me a proper dessert and quick,” Jay Rayner wrote in his paean to ...The Guardian - 29m -
The left keeps getting identity politics wrong – and the right is benefiting from that | Ash Sarkar
Instead of liberation, we’ve ended up with competitive grievance, weaponised victimhood, and a focus on ‘I’ not ‘us’. There are many things to be grateful to the musician Sam Fender for: reviving ...The Guardian - 29m -
Is Europe misunderstanding Trump on Ukraine? | Stephen Wertheim
The new administration appears to be taking a position that Ukrainian and European leaders aren’t hearing – or are trying to alter. A high-stakes transatlantic miscommunication is unfolding, with ...The Guardian - 29m -
Is it true that … doing pilates can lengthen your muscles?
Is the goal of a ‘long and lean’ physique promised by influencers attainable? Or does long and lean essentially just mean lean?. Pilates has been hailed as something of a wonder exercise in recent ...The Guardian - 29m -
'Wildlife corridors' are encouraged to support Kenya's recovering animal populations
As nations mark World Wildlife Day, conservationists in Kenya are warning of shrinking wildlife spaces in a country that generates substantial revenue from wildlife tourismABC News - 50m