Bitcoin Down 17.67% in November—Worst Since 2018; December Outlook Projecting 4.13% Avg Monthly Gain

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COINOTAG News, citing Coinglass data released on December 1, reports that Bitcoin slid 17.67% in November, marking its steepest monthly drawdown since November 2018’s 36.57% decline.

Similarly, Ethereum fell 22.38% in November, its worst monthly performance since 2018, underscoring renewed downside pressure across blue‑chip digital assets.

Looking ahead to December, historical patterns suggest a modest seasonal uptick for both tokens, with Bitcoin averaging about a 4.13% gain and Ethereum roughly 5.72%, contingent on prevailing market volatility.