Major Cryptocurrency Crises Over the Years

The cryptocurrency world has faced numerous crises that shook the market to its core:

1. Mentougou Incident (February 2014): Bitcoin nosedived by 80% following the collapse of the Mt. Gox exchange.

2. September 4, 2017: A massive regulatory crackdown led to an 80% drop in market value.

3. March 12, 2020: Known as "Black Thursday," Ethereum plummeted to $80.

4. May 19, 2021: The market saw the liquidation of 600,000 contracts in an instant.

5. 2022: The year witnessed two significant disasters: the Luna Black Swan incident and the FTX thunderstorm, both causing widespread panic and massive losses.

Each of these events highlights the volatility and unpredictability inherent in the cryptocurrency market. Investors must remain vigilant and adaptable in the face of such dramatic shifts.

#Megadrop #BinanceTournament #MtGoxJulyRepayments #ETH_ETFs_Approval_Predictions #BTC