Bitcoin's gains for this month have been fully wiped out, falling approximately 10.9% from the high point of the month. The cryptocurrency briefly dropped below $87,000 early this morning, with this month's gains completely erased, and the return for January this year is currently reported at -0.54%. Previously, on January 14, Bitcoin briefly broke through $97,000, and it has now fallen about 10.9% from the monthly high. Historical data shows that since 2013, Bitcoin's average January return has been +3.50%.
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Bitcoin's gains for this month have been fully wiped out, falling approximately 10.9% from the high point of the month. The cryptocurrency briefly dropped below $87,000 early this morning, with this month's gains completely erased, and the return for January this year is currently reported at -0.54%. Previously, on January 14, Bitcoin briefly broke through $97,000, and it has now fallen about 10.9% from the monthly high. Historical data shows that since 2013, Bitcoin's average January return has been +3.50%.