November has been a month to forget for cryptocurrency bulls. Fresh questions regarding the feasibility of Facebook’s Libra and the lack of any progress on the Bitcoin ETF front have cryptos on the slide. Although the bearish action hasn’t been as severe as late 2018, the past month has been no picnic for those long cryptos.

November Was A Rough Four Weeks For Cryptos
None of the major coins fared well during November. Bitcoin (BTC) led the asset class’s decline, losing almost $1500 per BTC. Here is a look at the monthly action for the leading cryptos:

Coin %Loss Key Number

Bitcoin BTC -15.2% $7750

Bitcoin Cash (BCH) -22.2% $225

Ethereum ETH -15.3% $150

Litecoin LTC -15.9% $50

Ripple XRP -21.9% $0.25

For Bitcoin Cash and Ripple, monthly losses topped 21%. These are staggering figures and come as a bit of a surprise. Going into November, cryptos had put together a strong year. Now, the annual gains for many are gone. In the case of XRP, year-over-year values are off 37%. While BTC and ETH remain in bullish annual territory, many in the cryptosphere are shocked by the plunge in XRP.