Bitcoin Heading for Worst Month Since Crypto Collapse of 2022
From finance.yahoo.com
Bitcoin is on track for its worst monthly performance since a string of corporate collapses rocked the wider crypto sector in 2022. The largest cryptocurrency slid as much as 6.4% to $81,629 on Friday. Runner-up Ether fell as much as 7.6% to below $2,700 and a host of smaller tokens nursed similar declines. The total market value of virtual coins dropped below $3 trillion for the first time since April, data from CoinGecko show. Bitcoin has now shed about a quarter of its value in November, the most for a single month since June 2022, according to data compiled by Bloomberg. The implosion of Do Kwon’s TerraUSD ...
(full story)