BTC experienced its worst November performance since 2018, with selling pressure mainly coming from the European session
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BTC experienced its worst November performance since 2018, with selling pressure mainly coming from the European session
According to CoinDesk, Bitcoin stabilized near $90,400 after experiencing one of its worst November performances since 2018. Presto Research timezone data shows that Europe was the main driver behind the 20-25% decline in BTC and ETH during November, with average trading returns in that timezone deeply negative throughout the month, while Asian and U.S. sessions were largely flat.
Navigating Web3 tides with focused insightsTechFlow, Dec 9 - Bitcoin stabilized around $90,400 after one of its worst November performances since 2018, according to CoinDesk. Presto Research timezone data showed that Europe was the main driver behind BTC and ETH falling 20-25% in November, with average trading returns in that region remaining deeply negative throughout the month, while Asian and U.S. sessions were largely flat.
