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. (Photo: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

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 7.6% to $80,553 on Friday. Runner-up Ether fell as much as 8.9% 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 compil

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