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As of February 29, 2024, the monthly increase in the value of bitcoin BTC $63,492.49 Bitcoin -0.36% Market capitalization $1.27 trillion VOL. 24 hours $0.82 billion was 43.55%, and Ethereum ETH $1,878.31 Ethereum -0.25% Market capitalization $226.68 billion VOL. 24 hours $0.32 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.