\n\t\t\t\t\t\t\t\t\tThe landscape around Ethereum is even worse, with the red streak going for six months.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The positive start to 2026 was quickly erased, and bitcoin began to lose value rapidly, reaching new local lows of $60,000 in early February.<\/p>\n
Although it recovered some ground since those 15-month lows, it still ended the month in the red with a painful double-digit decline. This made it five in a row.<\/p>\n
February Deep in Red As Well<\/h2>\n
It was almost impossible to imagine the current situation in early October. At the time, bitcoin\u2019s price was riding high, charting fresh peaks at over $126,000, and the community was anticipating even more records during the so-called \u2018Uptober.\u2019 The reality, though, was far different and brutal.<\/p>\n
On October 10, the cryptocurrency market experienced its worst single-day liquidation event, with more than $19 billion wrecked<\/a> as prices tumbled. As many analysts claimed after that pivotal day, something in the market\u2019s structure broke, and it was never the same.<\/p>\n Bitcoin started to chart frequent losses and dumped to a five-digit price territory by the end of the year. It ended 2025 in the red, making it the first post-halving year to do so. January began on the right foot, but the rejection at $98,000 resulted in another nosedive. Thus, January saw losses of just over 10%.<\/p>\n Another massive crash occurred<\/a> in early February, pushing bitcoin south to its lowest level since October 2024 at $60,000. Although it rebounded and finished February at around $65,000-$66,000, it still ended the month with a 15% decline. This made it the fifth consecutive month in the red for the first time since 2018.<\/p>\n Data from Cryptorank shows that the landscape around the world\u2019s largest altcoin is even more painful. ETH has been in the red for six months in a row. Moreover, it has been in the green only three out of the past 15 months.<\/p>\n January and February were quite violent, with a 17.7% decline during the first month of the year and a whopping 19.6% drop in the second. This is the worst monthly streak for ETH since 2018, when it was in the red for seven consecutive months.<\/p>\n ETH is currently fighting to stay above $2,000 after dipping below that level on numerous occasions in the past month.<\/p>\n \u00a0<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\nEthereum Goes a Step Further<\/h2>\n
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