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On February 21, 2025, the cryptocurrency market is demonstrating mixed dynamics.
Current prices of major cryptocurrencies:
Bitcoin (BTC): $96,700, a decrease of 1.65% over the past day.
Ethereum (ETH): $2 682.9, a decrease of 2.01%.
BNB: $647,63, decrease by 1,16%.
Cardano (ADA): $0.774456, a decrease of 3.93%.
Solana (SOL): $171.46, a decrease of 1.63%.
XRP: $2.58, a decrease of 4.80%.
Polkadot (DOT): $5.12, growth of 1.99%.
Dogecoin (DOGE): $0.246213, a decrease of 2.78%.
Litecoin (LTC): $127.66, a decrease of 0.62%.
Chainlink (LINK): $17.76, a decrease of 2.69%.
According to analysts' forecasts, February is traditionally a favorable month for Bitcoin growth. Historically, the average growth in this month is about 15.6%, which could lead to reaching the $118,000 mark.
However, current macroeconomic factors, including political uncertainty and inflation risks, are putting pressure on the cryptocurrency market. After the inauguration of President Donald Trump, there is a price correction associated with disappointment in the cryptocurrency policy of the new administration.
Overall, despite short-term fluctuations, long-term forecasts for Bitcoin remain optimistic. Analysts expect a significant bull market, with a possible increase to $225,000 by the end of 2025, driven by historical price cycles and anticipated favorable regulation.