Bitcoin Struggles To Gain With More Weekly Declines – 22 November, 2018

Trading by as much as $20,000 last December, Bitcoin has had an incredibly harsh year of declines. The cryptocurrency fell by as much as 13 percent on Thursday to $4,051, for a total decline of over 25 percent this week, after months of much needed stability. Digital assets have lost close to $700 billion in market value since its peak in January. The largest cryptocurrency began the year trading at around $14,000, but only just managed to gain to hit the $6,000 mark last week, with the latest sell-off trigger remaining unclear, though regulatory concerns seem to have added to the weight of the drop.