Economy Events Local 2025-11-21T13:13:15+00:00

Bitcoin Loses 23% of Its Value in a Month

Bitcoin's biggest one-month drop since June 2022, with Ethereum also falling significantly. The crypto market is expected to post its worst performance of the year.


Bitcoin Loses 23% of Its Value in a Month

Bitcoin has now lost about 23% of its value in November, which is its biggest one-month drop since June 2022, according to data compiled by Bloomberg. The world's largest cryptocurrency fell by about 9.8%, to reach around $82,868 on Friday. Ethereum fell by about 10.4%, to reach around $2,700. Bitcoin is expected to post its worst monthly performance since a series of corporate collapses that rocked the broader cryptocurrency sector in 2022.