february-monthly-report
After January ended with a thud, February did not offer the relief many traders were hoping for. For a fifth straight month, Bitcoin's and crypto's overall cryp
Not financial advice. DYOR.
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After January ended with a thud, February did not offer the relief many traders were hoping for. For a fifth straight month, Bitcoin's and crypto's overall crypto marketcap declined. We haven't seen a consecutive stretch of market cap decline since April, 2022 to August, 2022. Then, we were in the thick of rising interest rates and alleged market manipulation from FTX and other entities. Has crypto matured since then? Arguably, sure. But has sentiment and whale activity become any less important more than three years later? Absolutely not.
What we are seeing is a heightened sensitivity toward macroeconomic events, from both retail and whale traders alike. In a month that started with more focus on Michael Saylor's and Strategy's unprecedented accumulation, and ended with legitimate
Not financial advice. DYOR.
