Bitcoin experienced its weakest November since 2018, with selling pressure mainly coming from the European session.
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Bitcoin experienced one of the weakest November performances since 2018. Data shows that last month's selling pressure mainly came from the European market, in sharp contrast to Asia and the United States.
Presto Research timezone data indicates that the major crypto decline in November was dominated by European funds. BTC/ETH fell about 20–25% that month, with significant net selling pressure during European trading hours, while Asian and US sessions were basically flat.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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