New Delhi, Nov. 25 -- The world's largest cryptocurrency - Bitcoin is experiencing its sharpest monthly drop in more than three years. The digital token has fallen over 21% so far this month - its biggest decline since June 2022.

This slump is largely driven by forced liquidations and a broad shift toward risk aversion in speculative assets. Many major altcoins have also tumbled, deepening the overall downturn across the crypto market.

On Tuesday, November 25, the leading cryptocurrency traded near $88,000 on Tuesday after rebounding from a sharp drop that pushed it to a seven-month low.

"The crypto market is balancing between a deep washout and signs of selective recovery. The recent crypto winter crash cleared excess leverage and thi...