The biggest losers in the crypt for the month; Ethereum, Bitcoin Cash, EOS, Cardano, only XRP and NEM lost less than 20%.
November was undoubtedly the worst month of the year for cryptography markets. This year marks the ninth month in which markets have declined and the worst month has been declining for about four years. Over $ 70 billion, or a third of the market, was wiped out in November, plunging all the altcoins to the lowest levels for over a year.
Bitcoin had its worst month for seven years by downloading about 35% over the course of thirty days. Starting at over $ 6,500 on November 1stst, Bitcoin has plummeted to around $ 4,280 at the end of it. BTC has hit a low point for the year just under $ 3,600 on the 25thth marking a 45% record dump in less than two weeks.
The pain of Ethereum was even greater as it touched a minimum of around $ 100 which has not been close for 18 months. ETH fell more than 50% from the monthly high to the low and during the month the loss was about 42% following the collapse from $ 200 to $ 115.
The XRP could be considered one of the survivors of the month from hell as it actually took and held second place from Ethereum. Compared to his brothers, XRP came out relatively well with a loss of only 15% during November. Stellar was also more resilient than the rest by usurping Bitcoin Cash in fourth place. XLM lost just under 30% in November, beating Bitcoin and Ethereum.
Bitcoin Cash was not so lucky to hammer a whopping 60% in November. BCH started with over $ 420 and ended near $ 170. The big fight with the hard fork and the hash war did not encourage this encryption.
EOS was also a big loser in November with a 45% landfill from $ 5.20 to $ 2.87. Likewise, with Litecoin it turned off around 36% during the month, rising from $ 50 to $ 32. Even stablecoins like Tether were not immune since the USDT lost the peg and touched a minimum of $ 0.951 at the beginning of November, before falling below $ 0.975 another six times during the month.
Cardano is rapidly coming down from the chart and has left a place about every month, the last one was the most difficult with a 45% landfill. Monero has lost a similar percentage also losing positions in the capital market chart.
One of the survivors of October, Tron lost about 36% in November, Iota lost 38% and Dash has dumped almost 40%. Nem is not too bad because it has only fallen by 18%, but Binance Coin has hurt itself with a 46% reduction in the same way with Ethereum Classic that downloads 47%. Neo has taken a huge success losing 49%, Zcash has cut 30% and rounding the first twenty Bitcoin Gold has also lost 30%.
Most cryptocurrencies have been left to suffer at their lowest levels for 15 months on average by the end of November. Only some of the best altcoins managed to limit losses to less than 30% and those were XRP, XLM and NEM. The biggest losers in the top ten were Ethereum, Bitcoin Cash, EOS and Cardano.
All figures from Coinmarketcap.com
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