Since May, Bitcoin is heading towards its worst monthly performance, losing more than 15 percent in December.

Bitcoin is heading towards its worst monthly performance since May. Bitcoin, which is on the edge of its 200-day moving average, is down more than 6 percent on Tuesday.

Ether, the second-largest cryptocurrency, is also at the limit of $ 3,800, while the Bloomberg Galaxy Cryptocurrency Index declined by around 7 percent.

After closing May with a 35 percent decline, Bitcoin dropped to $ 29,307 in July. Next month it started to rise again, recorded a 70 percent rise from its bottom in July in September, reaching over $52 thousand. Bitcoin, which broke a record by climbing over $ 68 thousand 900 in November, entered a downward trend.