Bitcoin experiences a 20% decline, stablecoin market capitalization falls by 2 billion USD: A November overview

Bitcoin’s value fell from 110,000 USD to 91,000 USD, with a low of 82,600 USD noted on November 21. This decline reflects growing bearish market sentiment due to interest rate concerns and pressures in the AI sector.

The stablecoin market’s capitalization saw a decline of 2 billion USD in November, marking the biggest drop since November 2022. This decrease is indicative of rising regulatory concerns amid increasing cryptocurrency adoption.

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