February 2025 recap - Late correction
Again a month has passed. Let me show you how my portfolio did.
Market update
February showed a long sideways movement, before getting into a huge correction in the last week. Hence it was a red month on the markets. The total market cap of cryptocurrencies went down from 3.25 tn to 2.81 tn. Bitcoin dominance went up from 58.5% to 60.0%.
Looking at the prices of the individual currencies, Bitcoin went down from $98,700 to $85,100 this month. The price of Ethereum went down from $3,060 to $2,235.
Current Portfolio
I didn't do any buying or selling this month. My overall portfolio value is about €4.100 lower than one month ago. My portfolio shifted towards fiat and my personal BTC "dominance" is down from 20.8% to 20.3%.
In total I have invested €2,600 in Ethereum and Bitcoin, so I'm still at a €27,200 overall profit. €15,800 of that profit is realised e.g. cashed out. Quite happy with that!
I managed to steadily increase my Hive Power holdings from 12,526 to 12,643 HP. The highest amount ever!
Will we see a proper bear market the coming months? Or will we recover and go up again? We'll find out in the coming recaps.
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