A Historically Strong Month for Crypto, November Is Off to a Brutal Start

© Reuters.  © Reuters.

The price of bitcoin, the world’s largest cryptocurrency, now starts with the number four after falling to fresh 2018 lows on Monday.

Indeed, its price fell below $5,000 for the first time since October of 2017 and its current price – currently hovering above $4,800 at time of writing – reflects a roughly 40 percent loss year-over-year.

It’s notable that this state of affairs came to fruition during what has historically proven to be a bullish month for bitcoin.

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