Bitcoin and Ethereum grew by more than 43% in February

As of February 29, 2024, the monthly increase in the value of bitcoin BTC $75,189.24 Mezo Wrapped BTC -0.27% Market capitalization $0.1 billion VOL. 24 hours $0.64 billion was 43.55%, and Ethereum ETH $2,341.01 Bridged Ether (StarkGate) -0.76% Market capitalization $42.95 million VOL. 24 hours $0.5 billion - 46.28%, according to analytical data from CoinGlass. Both leading assets have updated their multi-year records for this indicator.

In particular, the last time bitcoin closed February with such a high increase was back in 2013. Back then, the price of the asset jumped by 61.77% over the month. At the same time, only the main cryptocurrency was in the red only twice after the end of February — in 2014 and 2020.

At the time of writing, the market leader is trading at $ 62,222. The market capitalization of BTC amounted to $ 1.2 trillion, and traders made daily trading deals worth $ 54.5 billion. Bitcoin’s market share is 52.8%.

Ethereum, on the other hand, closed February in the red zone only once — in 2018:

As of March 1, the leading altcoin was trading at $ 3,425. The total supply of coins circulating on the market is $ 411.5 billion, and traders have made daily deals worth $ 24.3 billion.