Bitcoin (BTC) Headed for First Monthly Loss Since December 2022

The leading cryptocurrency by market value traded near $27,800 at press time, a 7.5% rise from lows under $25,900 registered last week. However, prices were still down about 5% for the month, the first monthly decline of the year (assuming, this loss is held through Wednesday’s UTC close). Bitcoin has put in a positive performance in January, March and April and ended February on a flat note.