NEW DELHI: Bitcoin is sliding toward its steepest monthly decline since the 2022 crypto meltdown, with a sharp downturn in market sentiment, large-scale liquidations and institutional selling dragging the broader digital asset ecosystem lower.
According to CoinGecko, at around 11:30 am (Indian time), Bitcoin was trading at $84, 226.98, down 2.1 per cent in the past 24 hours. The world’s largest cryptocurrency has lost more than 12 per cent over the past week and plunged over 22 per cent in the last 30 days.
The latest slide extends a selloff that has wiped out almost a quarter of Bitcoin's value so far in November, its worst monthly drop since June 2022.