February 2025 became a dynamic month for the crypto market, influenced by various significant global events. One of the main factors is the trade tension between the United States and China. At the beginning of the month, President Donald Trump announced plans to impose high tariffs on imports from China, which was immediately responded to by Beijing with retaliatory tariffs of up to 15% on American products. These measures have raised concerns among investors, causing Bitcoin to drop by 2.5% to $98,691, Ethereum to decline by 3.8% to $2,710, and XRP to plummet by 6.6% to $2.52.

In addition, the crypto market is also influenced by the monetary policy of the United States. In mid-February, investors were awaiting the latest decision from the Federal Reserve regarding interest rates. Although interest rates were maintained in the range of 4.25% to 4.5%, concerns that higher interest rates could reduce the attractiveness of risky assets such as crypto still exist. However, after the announcement, some crypto assets like XRP and Bitcoin experienced respective increases of 1.6% and 1.5%.

In Indonesia, the transition of crypto asset supervision from the Commodity Futures Trading Regulatory Agency (Bappebti) to the Financial Services Authority (OJK) officially takes effect on January 10, 2025. This step is expected to provide more certainty and protection for crypto investors in the country.

Historically, February has often been a profitable month for Bitcoin, especially after the halving event. Data shows that in post-halving years, such as 2013, 2017, and 2021, Bitcoin has recorded significant gains in February, with an average return of 40.74%. If this trend continues, February 2025 has the potential to be a bullish month for Bitcoin.

However, the crypto market continues to show high volatility. Global events, economic policies, and investor sentiment continue to play a crucial role in the movement of digital assets prices. Therefore, investors are advised to always keep up with the latest developments and conduct in-depth analysis before making investment decisions.