Karachi, March 2, 2026 – The price of Bitcoin (BTC) against the United States Dollar (USD) showed a positive recovery on Monday, as the world’s largest cryptocurrency traded at $66,218.14, marking a daily increase of $1,031.89 or 1.56%.
The uptick comes after a volatile week marked by sharp price swings, reflecting continued uncertainty in global financial and cryptocurrency markets.
Weekly Performance of Bitcoin
Over the past seven days, Bitcoin experienced notable fluctuations. On February 24, 2026, BTC stood at $64,108.24, before surging to $68,489.03 on February 25, gaining $4,380.78 or 6.40% in a single day. The upward momentum, however, was short-lived, as prices declined to $67,582.83 on February 26, followed by a steeper drop to $65,626.88 on February 27.
A rebound occurred on February 28, with Bitcoin climbing to $67,117.72, up $1,490.84 or 2.22%. The gains were again erased on March 1, when the cryptocurrency slipped to $65,186.26, falling $1,931.47 or 2.96%. On March 2, Bitcoin recovered to $66,218.14, resulting in a net weekly increase of $2,109.90.
Monthly Bitcoin Price Trend
On a monthly basis, Bitcoin has recorded a significant decline. On January 31, 2026, BTC was valued at $77,906.47. As of March 2, 2026, the price has fallen by $11,688.33, representing a sharp 17.65% decrease over 30 days.
Yearly Bitcoin Performance
The year-on-year performance highlights an even more substantial correction. On March 2, 2025, Bitcoin was trading at $94,355.81. Compared to today’s price of $66,218.14, BTC has lost $28,137.66, equating to a 42.49% decline over the past 12 months.
Market Outlook
Cryptocurrency analysts attribute recent price volatility to global economic uncertainty, regulatory developments, profit-taking, and shifting investor sentiment. Market participants remain cautious, with traders closely monitoring macroeconomic indicators and institutional activity for signs of a sustained recovery.
Despite short-term fluctuations, Bitcoin continues to attract long-term investors due to its limited supply, growing adoption, and role as a digital store of value.