Cryptocurrencies

Bitcoin Going Berserk in November Makes Holidays Awkward

  • Cryptocurrency set to post worst month since November 2018
  • It has also been the coin’s most volatile month since 2011
With Bitcoin Falling, Grayscale Files to Launch Bitcoin Trust
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For better or worse, the month of November has always been one to remember in the world of Bitcoin.

Reasons cited for its volatile moves during the 11th month of the year run the gamut from tax-loss harvesting, to its round-the-clock trading nature, to Mercury being in retrograde. It could also just be coincidence. Whatever the cause, Bitcoin tends to go berserk in November.