Bitcoin kicks off December with an 8% drop

Pedro Gonçalves
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Bitcoin kicks off December with an 8% drop

Bitcoin is kicking off the last month of 2018 with another downward drop. After ending November deeply in the red - a 36% drop -, the world's largest cryptocurrency fell as much as 8% at the beginning of the week to a low of $3,790.96, according to data from CoinDesk. That drop marks the biggest monthly loss of the year so far. At this time last year, Bitcoin was beginning its climb to almost $20,000 and ended last December up 40%. It entered its hot streak just after Thanksgiving last year,...

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