Daijiworld Media Network - New Delhi

New Delhi, Nov 22: Bitcoin is heading toward its steepest monthly drop since the 2022 crypto crash, weighed down by souring market sentiment, mass liquidations, and institutional selloffs that have shaken the entire digital asset landscape.

As per CoinGecko data, Bitcoin was trading at $84,226.98 around 11:30 a.m. (IST), slipping 2.1 per cent over the last 24 hours. The cryptocurrency has shed more than 12 per cent this week and over 22 per cent in the past month.

November’s relentless decline has already erased nearly one-fourth of Bitcoin’s value, marking its worst monthly performance since June 2022. On Friday, it plunged as much as 7.6 per cent to $80,553 before trimming some of the losses. Ether also saw a sharp pullback, dropping 8.9 per cent

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