BTC has been riding the waves of slump since it hit an all-time high in January. However, recently released data shows that the token has increased its market cap significantly as it touches $860 million. BTC is currently trading at $94,209. In the month of February, the token has seen a slump by 8%. As a result, BTC will probably record the first negative month since 2020.

The average return of the coin is supposedly sitting at 14%, and the likelihood of the token hitting an all-time high is low. The current sentiment of the market is inching towards fear. Therefore, it will be futile to expect some major price action for BTC in the upcoming week.