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Home News Bitcoin experienced its weakest November since 2018, with selling pressure mainly coming from the European session.

Bitcoin experienced its weakest November since 2018, with selling pressure mainly coming from the European session.

Bitcoin experienced its weakest November since 2018, with selling pressure mainly coming from the European session.

BlockBeats News, December 9th, Bitcoin experienced one of its weakest November performances since 2018. Data shows that last month’s selling pressure mainly came from the European market, in sharp contrast to Asia and the U.S.

Presto Research’s timezone data shows that November’s crypto slump was mainly led by European funds. The BTC/ETH monthly decline was around 20–25%, with significant net selling pressure during the European trading hours, while the Asian and U.S. sessions remained relatively stable. (CoinDesk)

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