The cryptocurrency market has been hit hard recently, with Bitcoin and Ethereum experiencing significant price drops. These declines have led to massive liquidations, with over $600 million in assets being sold off in a short span. Here’s a closer look at what’s happening and what it might mean for the future of these digital assets.
Recent Price Drops Bitcoin has seen a notable decline, with prices hovering around $86,649.88 as of late February 2025. This follows a drop of over 7.8% in February, marking one of its worst monthly performances in years. Ethereum has also faced a substantial decline, with its price around $2,348.11. ETH’s price has plummeted by about 9.47% in February, similar to Bitcoin’s trend.