February 2021 – Finally. Healthy Growth.

Finally. Healthy growth.

February 2021 has come to an end and like each month the 100eyes team analyses what happened to Bitcoin and the altcoin market. First of all, Bitcoin gained in value for the fifth consecutive month, an impressive 37% gain this month. Bitcoin’s current ATH is $58,351, which is 16% above the current price.

How did altcoins perform this month? In contrast to the quite random pumps we’ve observed in January, altcoins started to show healthy growth in February. Altcoins gained 70.6% in dollar value on average, although only half of the altcoins actually outperformed Bitcoin.

In the following chart you can see how February compared to the last twelve months of altcoin performance.

Showing the overall performance of the crypto and altcoin market over the past twelve months

The top 5 performers in February were $RVN (+438.70%), $GAS (+410.87%), $BNB (+373.66%), $ADA (+274.32%), and $LUNA (+263.68%). Biggest losers were $XRP (-14.86%), $OST (-24.33%), $VIBE (-25.42%), $CRV (-26.77%), and $BCPT (-35.60%).

Showing the top gainers and losers of altcoin expressed in their BTC value

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