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Bitcoin's Winter Grows Colder With Record Run of Monthly Losses

  • Oldest cryptocurrency poised for sixth consecutive decline
  • Digitial asset still struggles to shake dirty-money image

As record low temperatures grip a large portion of North America, the winter that has descended on Bitcoin shows few signs of thawing.

The oldest cryptocurrency is on course for a sixth consecutive month of losses -- that’s the longest run in data stretching back to 2010, the year after the digital coin was first created. It has tumbled almost 60 percent from July’s highs, dragging other digital assets like Ether and XRP down with it, according to data compiled by Bloomberg.