Bitcoin and Ethereum both achieved their best monthly performance in February
CNBC reported that Bitcoin closed up nearly 45% in February, marking its sixth consecutive month of gains and the best monthly performance since December 2020. Ethereum rose more than 47%, also marking its sixth straight month of gains and the best month since July 2022. According to CoinGlass data, Bitcoin has made a profit in ten out of the past twelve Februaries, with an average monthly return rate of 15.7%. Ethereum has ended higher seven times in the eight Februaries over the past years, with an average increase of 17.2% in February.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barcelona Football Club criticized for signing a $22 million sponsorship deal with crypto company ZKP
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish
