Bitcoin plunged by 18% in November, its greatest month-to-month loss in 5 months. In the meantime, ether misplaced 21% through the month. The toughest-hit digital property had been a gaggle of tokens generally related to Sam Bankman-Fried, the disgraced ex-CEO of fallen crypto alternate FTX. FTT, the utility token of FTX, tumbled 90% to $1 from $26. Serum (SRM), the native token of a decentralized alternate on the Bankman-Fried-championed Solana blockchain, sank 70%.
