Bitcoin’s best month since September was a 1.8% gain

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.

Celebrating any flicker of green on social media

The reaction on social media revealed just how desperate $BTC traders had become for any glimmer of hope.

Bitcoin Magazine announced the green close with a breathless all-caps alert, as if $BTC hadn’t just spent half a year losing nearly half its value.

One popular account called it a “massive dose of hopium” before adding, perhaps wisely, “Let’s hope this is not an April Fools’ joke.”

The longest continuous monthly bear streak prior to this stretch was a six-month long red streak from August 2018 through January 2019.

$BTC is today priced at $68,300, 46% below its October high and 23% lower year to date.