Bitcoin falls below $63K, heading for worst month since June 2022

[The New Gold. Bitcoin Concept]
BlackJack3D

Bitcoin (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) continued to slide on Tuesday, heading toward its largest monthly loss since the crypto sector faced multiple corporate collapses in 2022.

The highest-profile crypto (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) fell as much as 2.64% to $62,858 during Asian trading hours. It’s now down more than 19% in February, set for its worst monthly performance since June 2022. Bitcoin has experienced a steep sell-off since last October, when it surpassed $125,000.

“The move lower in Bitcoin looks less like a crypto‑specific shock and more like a classic risk‑sentiment reset,” said Christopher Hamilton, head of client investment solutions, APAC excluding Japan, at Invesco, to _CNBC_. The plunge is likely a reflection of a “tactical de‑risking” rather than a structural exit, Hamilton added.

Ether (ETH-USD [https://seekingalpha.com/symbol/ETH-USD]), the second most popular cryptocurrency, was down ~2% at $1,823.96.

Bitwise Chief Investment Officer Matt Hougan earlier this month attributed bitcoin’s slide primarily to the crypto market’s “four-year cycle,” arguing that the current retracement mirrors patterns seen in past downturns.

Other tokens that fell in the previous session include Hyperliquid (HYPE-USD [https://seekingalpha.com/symbol/HYPE-USD]), Bitcoin Cash (BCH-USD [https://seekingalpha.com/symbol/BCH-USD]), Monero (XMR-USD [https://seekingalpha.com/symbol/XMR-USD]), Mantle (MANTLE-USD [https://seekingalpha.com/symbol/MANTLE-USD]), Solana (SOL-USD [https://seekingalpha.com/symbol/SOL-USD]), and Ondo (ONDO-USD [https://seekingalpha.com/symbol/ONDO-USD]).

Bitcoin-backed ETFs: (IBIT [https://seekingalpha.com/symbol/IBIT]), (ARKB [https://seekingalpha.com/symbol/ARKB]), (GBTC [https://seekingalpha.com/symbol/GBTC]), (BRRR [https://seekingalpha.com/symbol/BRRR]), (BTCO [https://seekingalpha.com/symbol/BTCO]), (HODL [https://seekingalpha.com/symbol/HODL]), (BTCW [https://seekingalpha.com/symbol/BTCW]), (FBTC [https://seekingalpha.com/symbol/FBTC]), (BITB [https://seekingalpha.com/symbol/BITB]), and (EZBC [https://seekingalpha.com/symbol/EZBC]).

MORE ON BITCOIN USD, ETHEREUM USD

* VanEck Mid-February 2026 Bitcoin ChainCheck [https://seekingalpha.com/article/4873506-vaneck-mid-february-2026-bitcoin-chaincheck]
* Bitcoin Is Not Going To Zero [https://seekingalpha.com/article/4872771-bitcoin-is-not-going-to-zero]
* Ethereum Price Tests $2,000 Floor As Risk Sentiment Turns [https://seekingalpha.com/article/4872662-ethereum-price-tests-2000-floor-as-risk-sentiment-turns]
* Crypto funds record outflows of $288M last week: report [https://seekingalpha.com/news/4555186-crypto-funds-record-outflows-of-288m-last-week-report]
* Bitcoin briefly slides below $65K as tariff uncertainty hits crypto prices [https://seekingalpha.com/news/4555130-bitcoin-briefly-slides-below-65k-as-tariff-uncertainty-hits-crypto-prices]