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Bitcoin falls 19% in February, worst monthly drop since 2022

Key Points
  • Bitcoin price fell 19% in February, the biggest monthly drop since June 2022.
  • Bitcoin is on track for its fifth straight month of decline, the longest streak since 2018.
  • On Tuesday morning, bitcoin was priced at just over $63,300.

The cryptocurrency bitcoin continues to decline. The drop on Tuesday means that in February, the price has fallen 19 percent, the largest decline for a single month since June 2022. Bitcoin is also heading toward its fifth consecutive month of decline, the longest losing streak since 2018.

On Tuesday morning, the cryptocurrency cost just over $63,300. The sources are from Sydsvenskan and Helsingborgs Dagblad, both citing TT, but Helsingborgs Dagblad's content includes a technical error message.

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