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Bitcoin, Ethereum, and Ripple February month-end analysis. Bear market to end?

  • Bitcoin, Ethereum, and Ripple have all had a pretty profitable February.
  • Many traders believe that this shows that the crypto bear market is coming to an end.

Bitcoin monthly analysis

  • BTC/USD beat a record six-month losing streak this February.
  • In the month of February, BTC/USD went up from $3,422 to $3,811, which is an increase of 11%.

Ethereum monthly analysis

  • ETH/USD went up from $108.40 to $136.20, which is a 25% increase.
  • In the last twelve months, Ethereum has had only three profitable months.

Ripple Monthly analysis

  • Ripple bulls barely edged out the bears in February as the price went up by $0.312 to $0.318.
  • Since the January 2018, Ripple has had only three profitable months.
     

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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