BTC Continues Sliding, on Course for Worst Monthly Performance Since 2022
Bitcoin continued to retreat as this week progressed, deepening a slump that has put the crypto on track for its steepest monthly decline since mid-2022 when turmoil swept through the cryptocurrency sector. The world’s largest token by market value dropped 2.64% to $62,858 before hovering close to $63,000 by 8 a.m. in London. The latest move leaves Bitcoin down 19% for February, marking its weakest month since June 2022. That earlier downturn followed the implosion of TerraUSD, which set off a chain reaction across the industry. Major players, including BlockFi and Three Arrows Capital, collapsed as liquidity dried up and…





