Looking back at the black swans in history, how many have you experienced?
Mt. Gox Collapse -2014: Mt. Gox, the global leader in Bitcoin, suddenly fell, and the dreams of countless investors came to nothing. At that moment, the market seemed to have lost its direction, and the price of Bitcoin fell rapidly like a kite with a broken string.
China's ban on ICOs -2017: This policy was like a bolt from the blue, causing panic in the global cryptocurrency market. Countless project parties and investors fell into trouble overnight, and the price of Bitcoin was also under heavy pressure.
BitConnect Collapse -2018: This once-glorious Ponzi scheme was exposed, and countless investors lost their money. The trust in the market was severely damaged, and the price of Bitcoin and other cryptocurrencies also fell.
Black Thursday -2020: The outbreak of the new coronavirus pandemic has thrown the global financial market into chaos, and Bitcoin has not been spared. On that day, the price of Bitcoin plummeted by more than 40%, the market fell into panic, and the hearts of investors sank.
PlusToken Exposure 2019-2020: The market was hit again when this multi-billion dollar Ponzi scheme was exposed. The massive sell-off of Bitcoin and Ethereum made the market worse, and the price of Bitcoin also fell.
LUNA/UST Collapse -2022: UST's depegging and LUNA's plunge have thrown the entire crypto market into chaos. Billions of dollars in losses are heartbreaking, and Bitcoin prices are also implicated.
Celsius Bankruptcy -2022: This once trusted crypto lending platform suddenly collapsed, user funds were frozen, and market confidence was hit again. Bitcoin prices also fell, and investors' hearts were once again stabbed.
FTX Collapse -2022: The sudden bankruptcy of FTX, the world's top cryptocurrency exchange, has thrown the entire market into panic. User funds were frozen, the founder was accused of fraud, and market confidence almost collapsed. The price of Bitcoin plummeted to $16,000, and countless investors lost their assets.
Silvergate Bank Closure -2023: The sudden closure of this once-regarded crypto-friendly bank has thrown the market into turmoil again. Investors began to worry about the risks of the banking system, and the price of BTC fell accordingly.
SVB and Signature Bank Collapse-2023: The collapse of these two banks once again brought shocks to the crypto market.Market confidence was severely hit, and the price of Bitcoin briefly fell below $20,000. Since then, everyone has gradually begun to reflect on the stability and reliability of the entire cryptocurrency market.
This year, the market experienced a 413 plunge, and the cottage generally fell back by 50%-80%. Many fans' assets were halved. Next, I anchored a blood-recovering spot. It was the market maker who entered the market to prepare for action. Hesitation will lead to failure! Check me out and find me!
