Coinglass: Bitcoin Fell By Almost 4% in December
Reading Time: < 1 minute
Bitcoin, the largest crypto by market capitalization, was unable to break above $17,000 until the end of 2022.
The BTC price last night dropped to $16,656, whereas its capitalization decreased to $320.642 billion. According to Coinglass experts, by the end of last month, the price of bitcoin fell by 3.6%.
BTC fell by 16.23% in November. Just like in 2021, the last two months have been bad for the cryptocurrency as stock markets have experienced massive capital outflows.
But November and December 2020 ended with the growth of BTC by 42.95% and 44.92%, respectively.
Trading in the US last Tuesday closed with a decrease in the Nasdaq and Dow Jones business activity indices, so the digital currency market continues to correct.
Follow and like us on
