Key Highlights
- Bitcoin prices fell 19% in February, heading for its worst monthly performance since June 2022.
- The cryptocurrency dropped to around $62,858 during Asian trading hours.
- This decline marks Bitcoin's fifth consecutive monthly loss, the longest streak since 2018.
- Other cryptocurrencies like Ethereum and XRP also experienced significant declines.
- The downturn follows a period of market instability linked to corporate failures in the crypto sector.
