The largest cryptocurrency slid as much as 6.4% to $81,629 on Friday before paring losses, according to data compiled by Bloomberg. Bitcoin has now shed about 23% of its value in November, the most in a single month since June 2022, according to data compiled by Bloomberg. Despite a pro-crypto White House under US President Donald Trump and surging institutional adoption, Bitcoin has plummeted over 30% from its record high set in early October.