[BitPush] November has been a bit tough for the crypto market.
Bitcoin has dropped 17.67% this month. Looking at the calendar, this is the worst performance in November since 2018. It's worth noting that in November 2018, it plummeted by 36.57%, which was a true crash.
The situation with Ethereum is not much better, with a decline of 22.38% in November, also setting the worst record since 2018. Both major cryptocurrencies have collectively fallen silent.
However, speaking of which, the historical data for December is quite interesting. Statistics show that Bitcoin's average increase in December can reach 4.13%, while Ethereum is even higher at 5.72%. Of course, history does not represent the future, but at least from the data, there is still some hope for this year-end surge.
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SundayDegen
· 15h ago
Neither bought the dip nor set a stop loss, just watching the account shrink like this, it's really unbelievable.
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WenMoon42
· 12-01 03:30
November was indeed disappointing, but I still bet that December can turn around, after all, the historical data is there.
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BackrowObserver
· 12-01 03:30
Damn, November is so miserable, my bag has turned green, I am really desperate.
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VitalikFanboy42
· 12-01 03:20
November really saw a bloodbath, but looking at the historical data for December, it feels like we can still buy the dip?
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MEVVictimAlliance
· 12-01 03:16
It has fallen again and again, my Wallet is already numb.
November marks the worst performance in 6 years: BTC fell 17%, ETH fell 22%. Can December make a comeback?
[BitPush] November has been a bit tough for the crypto market.
Bitcoin has dropped 17.67% this month. Looking at the calendar, this is the worst performance in November since 2018. It's worth noting that in November 2018, it plummeted by 36.57%, which was a true crash.
The situation with Ethereum is not much better, with a decline of 22.38% in November, also setting the worst record since 2018. Both major cryptocurrencies have collectively fallen silent.
However, speaking of which, the historical data for December is quite interesting. Statistics show that Bitcoin's average increase in December can reach 4.13%, while Ethereum is even higher at 5.72%. Of course, history does not represent the future, but at least from the data, there is still some hope for this year-end surge.