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TechFlow, 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.
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.
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