Bitcoin kicks off December with an 8% drop

Pedro Gonçalves
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,...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?