Bitcoin Drops for Fifth Straight Month as Banks Integrate Crypto

Editor’s note: Bitcoin closed February with a 15% drop, marking five consecutive monthly losses. The report also highlights a shift as major banks move to integrate crypto into traditional finance, signaling a convergence of fintech and lending rails. With geopolitical tensions and upcoming US data ahead of the Federal Reserve’s next meeting, crypto markets remain sensitive to macro signals. This editor’s note sets the scene for the figures that follow and what they may mean for price momentum and policy-driven risk in early 2026.

Key points

• Bitcoin fell 15% in February, extending five consecutive monthly losses.
• If March finishes lower, it would mark six consecutive monthly declines.
• Institutional adoption accelerates: Citibank plans to integrate bitcoin into core banking and custody; Barclays explores stablecoin payments and tokenised deposits.
• Markets await US data (ISM, PMI, ADP, payrolls) and the Fed decision, which could influence crypto prices.

Why this matters

These numbers and moves matter because they illustrate a shift where crypto assets are increasingly considered alongside traditional finance. The data underscores how macro factors and policy expectations can drive crypto sentiment, while bank-led crypto integration signals a broader use case beyond speculation. If banks expand custody, settlement, and compliance workflows for digital assets, market dynamics and liquidity could evolve even as Bitcoin remains volatile.

What to watch next

• March performance and whether Bitcoin ends the month with a sixth straight decline.
• Upcoming US data releases and the Fed meeting shaping risk assets.
• Progress on Citi and Barclays crypto initiatives with potential launches later this year.

Disclosure: The content below is a press release provided by the company/PR representative. It is published for informational purposes.

Bitcoin Records Five Consecutive Monthly Losses as Major Banks Move to Integrate Crypto into Traditional Finance

Abu Dhabi, UAE – 2 March 2026: Bitcoin ended February down 15%, marking five consecutive months of losses and a 48% decline from its all-time high of $126,500 in October 2025.

For the first time in its history, both January and February have closed in negative territory in the same year. Should March also finish lower, it would mark six consecutive monthly declines — only the second such occurrence on record.

Simon Peters, Crypto Analyst at eToro, commented:

Biggest Movers

NEAR rose 17% last week, climbing from $1.009 to $1.184 following NEARCON 2026 in San Francisco. Key announcements included the Near.com Super-App, enabling account management across more than 35 blockchains without manual bridging, and “Confidential Intents,” a privacy execution layer designed to shield cross-chain transaction details.

Polkadot (DOT) also gained 17% in anticipation of a major supply reduction on 14 March, which will cut annual token issuance by more than 50% — from approximately 120 million tokens to 55 million.

Institutional Adoption Accelerates

Citibank announced plans to integrate bitcoin into its core banking systems, aiming to make the asset “bankable.” The proposed services include institutional-grade custody of bitcoin, key management and wallet services, and the extension of traditional tax, reporting and compliance workflows to digital assets. The service is expected to launch later this year.

In the UK, Barclays is reportedly exploring the development of a blockchain platform for stablecoin payments and tokenised deposits. Earlier this year, Barclays acquired a stake in Ubyx, a US-based clearing system for digital money, marking its first direct investment in stablecoin infrastructure.

These developments highlight the continued convergence between traditional finance and the digital asset ecosystem.

About eToro

eToro is the trading and investing platform that empowers you to invest, share and learn. Founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way, today eToro has 40 million registered users from 75 countries.

eToro believes in the power of shared knowledge and that investors can become more successful by investing together. The platform has built a collaborative investment community designed to provide users with the tools they need to grow their knowledge and wealth. On eToro, users can hold a range of traditional and innovative assets and choose how they invest: trade directly, invest in a portfolio, or copy other investors.

Visit eToro’s media centre for the latest news.

This article was originally published as Bitcoin Drops for Fifth Straight Month as Banks Integrate Crypto on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.