The price of Bitcoin has plummeted. What is happening in the crypto market?
Photo: RIA Novosti
According to CoinDesk, on February 25, the price of bitcoin fell by 5.5 percent to $88,800. This is the lowest level since mid-November. Over the past month, the world\'s most popular cryptocurrency has fallen by 11.4 percent. Let\'s look at the reasons for this below.
Experts attribute the decline to a number of factors:
US macroeconomic policy
US President Donald Trump\'s introduction of import tariffs in February 2025 has raised concerns about rising inflationary pressures and a possible increase in interest rates by the Federal Reserve. This has reduced investor interest in risky assets, including cryptocurrencies.
Bybit crypto exchange hack:
The recent hack of the Bybit exchange, which resulted in the theft of approximately $1.5 billion in cryptocurrency, has undermined investor confidence in the security of digital assets.
Libra memcoin controversy:
After a sharp increase in capitalization to $4.5 billion, the value of Libra memcoin has fallen by 95%, which has increased investor concerns about the stability and reliability of the new crypto asset.
Currently, Bitcoin continues to fluctuate between $86,000 and $89,000.
Bitcoin price dynamics in recent months
November 2024. Bitcoin reached a record high of over $97,000. This growth was due to the Trump administration\'s cryptocurrency policy and the Federal Reserve\'s interest rate cuts, which increased investors\' interest in risky assets.
December 2024. After reaching a peak in November, the price of Bitcoin began to decline and by the end of December fell below $91,000. This decline was due to investor profit-taking and a seasonal decrease in trading activity during the holidays.
January 2025. At the beginning of the year, Bitcoin grew again, exceeding the $100,000 mark. This was due to the purchase of Bitcoin by large corporations, including information that MicroStrategy bought an additional 1,020 BTC.
February 2025. For a month, Bitcoin showed instability, falling below $90,000 due to macroeconomic uncertainty and events that undermined investor confidence in the cryptocurrency market.
Read "Zamin" on Telegram!According to CoinDesk, on February 25, the price of bitcoin fell by 5.5 percent to $88,800. This is the lowest level since mid-November. Over the past month, the world\'s most popular cryptocurrency has fallen by 11.4 percent. Let\'s look at the reasons for this below.
Experts attribute the decline to a number of factors:
US macroeconomic policy
US President Donald Trump\'s introduction of import tariffs in February 2025 has raised concerns about rising inflationary pressures and a possible increase in interest rates by the Federal Reserve. This has reduced investor interest in risky assets, including cryptocurrencies.
Bybit crypto exchange hack:
The recent hack of the Bybit exchange, which resulted in the theft of approximately $1.5 billion in cryptocurrency, has undermined investor confidence in the security of digital assets.
Libra memcoin controversy:
After a sharp increase in capitalization to $4.5 billion, the value of Libra memcoin has fallen by 95%, which has increased investor concerns about the stability and reliability of the new crypto asset.
Currently, Bitcoin continues to fluctuate between $86,000 and $89,000.
Bitcoin price dynamics in recent months
November 2024. Bitcoin reached a record high of over $97,000. This growth was due to the Trump administration\'s cryptocurrency policy and the Federal Reserve\'s interest rate cuts, which increased investors\' interest in risky assets.
December 2024. After reaching a peak in November, the price of Bitcoin began to decline and by the end of December fell below $91,000. This decline was due to investor profit-taking and a seasonal decrease in trading activity during the holidays.
January 2025. At the beginning of the year, Bitcoin grew again, exceeding the $100,000 mark. This was due to the purchase of Bitcoin by large corporations, including information that MicroStrategy bought an additional 1,020 BTC.
February 2025. For a month, Bitcoin showed instability, falling below $90,000 due to macroeconomic uncertainty and events that undermined investor confidence in the cryptocurrency market.
Related news
Note Guest users cannot leave comments on this article.
