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Bitcoin January loss is worst start to year since 2018 'crypto winter'

The largest cryptocurrency by market value has notched only about a dozen up days this month

Photo: Bloomberg
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Photo: Bloomberg

Vildana HajricAkayla Gardner
Bitcoin is closing out a rough month, with January declines putting the digital coin on pace for its worst start to a year since the dawn of the 2018 “crypto winter.”

The largest cryptocurrency by market value has notched only about a dozen up days this month, according to data compiled by Bloomberg, with the rest of the time mired in a decline. Other digital assets have also suffered, with No. 2 token Ether down roughly 30% since the end of December.

Bitcoin dipped to as low as $33,000 in January from a record of almost $69,000 less than three