Bitcoin has not fallen for four consecutive months and closed November in the red since 2014. As the world’s largest digital currency continues its downward spiral new records are being made, and they are not ones to revere in. It is on track to repeat a record not seen for four years.
This milestone has been noted by Marketwatch which made the comparison in a report citing Dow Jones Market data. The four in a row began in August when Bitcoin dropped 8% over the month falling from around $7,600 at the beginning to just below $7,000 by month end. BTC then dropped below $6,000 for the second time this year on August 14 and has fallen every month since.