#CryptoMarketDip The biggest drop in Bitcoin in the market occurred in 2022, when its price plummeted by 77%, from approximately $69,000 to just over $16,500.

This collapse is considered one of the most significant in the history of cryptocurrency and Bitcoin.

Meanwhile, the most notable drop of Ether also occurred between November 2021 and June 2022.

In November 2021, Ether reached an all-time high of approximately $4,800. However, by June 2022, its price had fallen to around $1,000, representing a decrease of approximately 79%.

Yesterday, Ether dropped 2% more than its Bitcoin counterpart, which also repeated the same value.

The percentage drop of Ethereum on January 7, 2025, was 6%.

The percentage drop of Bitcoin on January 7, 2025, was 4%.