Bitcoin records its worst performance since the 2022 collapse, and pessimism pervades the “crypto” market
Bitcoin, the most famous digital currency in the world, began trading today with a significant decline, recording its worst monthly performance since 2022.Cryptocurrency declined today, Monday, by 2.3% to $86,000, after recovering part of its losses yesterday, Sunday.
Although this price is much higher than its lowest levels on Friday at $80,553, traders in the market… "Crypto" They see no reason for optimism, as the cryptocurrency market in general is witnessing a noticeable stagnation despite the increasing adoption of cryptocurrencies by institutions, and a series of political successes sought by US President Donald Trump, who has embraced this sector.
Caroline Morone, co-founder of Cryptocurrency, said: "Orbit Markets": "Early trading today shows slight weakness, but the moves are relatively minor and within normal ranges". She added that it is likely to range Bitcoin price is between $80 and $90,000 during the week, as the market awaits indications of US interest rates in December.
Barring a major breakthrough, November will become the worst month for Bitcoin since a series of collapses that rocked the cryptocurrency market in 2022, a collapse that culminated in the fall of the cryptocurrency exchange. "FTX" Founded by Sam Bankman Fried, currently imprisoned for fraud crimes.
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