Bitcoin was on track Monday to post its fourth consecutive monthly loss, marking the longest streak of monthly declines since 2018, according to CoinDesk.
The world’s largest cryptocurrency was trading around the mid-$80,000 range, remaining below recent key levels as January draws to a close.
Longest monthly losing streak since the 2018 bear market
A fourth straight monthly decline would represent the longest extended sequence of losses in Bitcoin’s modern trading history.
The last comparable stretch occurred during the prolonged downturn of 2018.
Bitcoin remains under pressure into month-end
Bitcoin has declined in each of the past three months, leaving the asset positioned for another negative close unless a late-month rebound emerges.
Broader risk sentiment has remained cautious in recent weeks as investors monitor macroeconomic conditions and interest-rate expectations.
Market context
The potential four-month losing streak stands out as an unusual development even compared with other major drawdowns in recent years.
