5 Straight Months of Losses: Bitcoin Suffers Yet Another Double-Digit Slide

The constructive begin to 2026 was shortly erased, and bitcoin started to lose worth quickly, reaching new native lows of $60,000 in early February.

Although it recovered some floor since these 15-month lows, it nonetheless ended the month within the crimson with a painful double-digit decline. This made it 5 in a row.

February Deep in Red As Well

It was nearly unimaginable to think about the present state of affairs in early October. At the time, bitcoin’s value was using high, charting recent peaks at over $126,000, and the neighborhood was anticipating much more information through the so-called ‘Uptober.’ The actuality, although, was far totally different and brutal.

On October 10, the cryptocurrency market skilled its worst single-day liquidation occasion, with greater than $19 billion wrecked as costs tumbled. As many analysts claimed after that pivotal day, one thing available in the market’s construction broke, and it was by no means the identical.

Bitcoin began to chart frequent losses and dumped to a five-digit value territory by the top of the yr. It ended 2025 within the crimson, making it the primary post-halving yr to take action. January started on the suitable foot, however the rejection at $98,000 resulted in one other nosedive. Thus, January noticed losses of simply over 10%.

Another large crash occurred in early February, pushing bitcoin south to its lowest degree since October 2024 at $60,000. Although it rebounded and completed February at round $65,000-$66,000, it nonetheless ended the month with a 15% decline. This made it the fifth consecutive month within the crimson for the primary time since 2018.

Ethereum Goes a Step Further

Data from Cryptorank exhibits that the panorama world wide’s largest altcoin is much more painful. ETH has been within the crimson for six months in a row. Moreover, it has been within the inexperienced solely three out of the previous 15 months.

January and February had been fairly violent, with a 17.7% decline through the first month of the yr and a whopping 19.6% drop within the second. This is the worst month-to-month streak for ETH since 2018, when it was within the crimson for seven consecutive months.

ETH is at the moment combating to remain above $2,000 after dipping under that degree on quite a few events up to now month.

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