Market News
Bitcoin marks deep plunge as investors lose appetite for crypto - EURONEWS
Cryptocurrencies entered another month in the red as Bitcoin fell more than 5% in European trading on Monday morning, dropping below €75,000.
After reaching a record high of about €110,000 in early October, Bitcoin began a steep and prolonged decline as the market saw significant liquidations and sell-offs. In November, Bitcoin lost well over 16% of its value, falling at one point towards €74,000.
Other major cryptocurrencies also lost significant value on Monday, with Ethereum and Solana dropping by over 5%, continuing the downward trend first seen in October.
Bitcoin showed brief signs of stabilising last month although the rebounds proved short-lived and prices have since begun to fall again.
