February Mid-Month Update: The Month of Love Sends Prices Above
As markets were lulling people to sleep these past three weeks following the January breakout, prices suddenly came to life with some major breakouts.
It may not seem like, but this was easily the biggest 30 day stretch of volatility since prices came crashing down in June, 2022. Bitcoin is +12% in the past 30 days, but it would actually be about break even if not for the post-Valentine's Day surge right before this article came out, which propelled prices to their highest levels in 8 months, when Bitcoin last was above $25.2k in June.
We can see that it has been the wild, wild west in terms of price directions. We can see that some prices nearly quadrupled, like $TMG's +291%. Others like $HEX, $IMX, and $MINA all nearly doubled. It's strange to see these kinds of performances among
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