{"id":22056,"date":"2023-03-01T08:23:24","date_gmt":"2023-03-01T16:23:24","guid":{"rendered":"https:\/\/coinnetworknews.com\/bitcoins-least-volatile-month-ever-btc-price-ends-february-up-0-03\/"},"modified":"2023-03-01T08:23:24","modified_gmt":"2023-03-01T16:23:24","slug":"bitcoins-least-volatile-month-ever-btc-price-ends-february-up-0-03","status":"publish","type":"post","link":"https:\/\/coinnetworknews.com\/bitcoins-least-volatile-month-ever-btc-price-ends-february-up-0-03\/","title":{"rendered":"Bitcoin’s least volatile month ever? BTC price ends February up 0.03%"},"content":{"rendered":"
Bitcoin (BTC<\/a>) moved just 0.03% last month in U.S. dollar terms, making February 2023 likely its least volatile in history.\u00a0<\/p>\n Data from Coinglass<\/a> from after the monthly close confirms that BTC\/USD went practically nowhere for four weeks straight.<\/p>\n To say that Bitcoin is less volatile than it was is something of an understatement when it comes to February.<\/p>\n Despite its ups and downs, mostly due to macroeconomic data<\/a>, BTC price action finished the month almost exactly where it began at around $23,500.<\/p>\n That means that Bitcoin was more stable<\/a> than a raft of mainstream assets, including stocks, commodities and, of course, major world currencies.<\/p>\n This is no mean feat for cryptocurrency, with Bitcoin often criticized as a poor store of value owing to its sometimes intense volatility.<\/p>\n Nonetheless, following January\u2019s 40% gains<\/a>, bulls held down the fort to preserve every last satoshi versus the start of the month.<\/p>\n More than that, according to the Coinglass figures, no month has come close to February 2023 in terms of stability, making it the least volatile month on record.<\/p>\nBitcoin monthly candle barely leaves a trace<\/h2>\n