Bitcoin ($BTC) finally closed a month with positive price performance for the first time since September, but it only snapped its five-month losing streak by the slimmest of margins.
$BTC opened the month at $67,000 and closed at $68,221. In other words, the entire “gain” amounted to about $1,200 per coin, or 1.8%.
For context, $BTC often fluctuates by that amount within a few minutes on an average day.
Energized by even the most pitiful shred of evidence that the crypto bear market might be ending, the $BTC community celebrated the momentum shift.
The Fear and Greed Index hit an all-time low of five out of 100 on February 6, 2026. It’s now much higher, if you squint a bit less, at 31.
One less bad month for $BTC
The streak that preceded March’s flicker of positivity was genuinely ugly.
$BTC was worth more than $126,000 on October 6, 2025. By February 6, it had collapsed to $60,000.
Recent monthly losses have been relentless. Total crypto market capitalization fell by $200 billion in October, $610 billion in November, $110 billion in December, $300 billion in January, and $350 billion in February.
March paused that decimation with a $40 billion gain, the slimmest of margins.
Still, at least it’s not as bad as its absolute worst moment this year.
$BTC is 14% higher than its $59,930 low set on February 6. It’s even rallied a bit since the onset of a typically bearish war and macro environment.
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