#CryptoMarketDip

The notable and biggest drops that occur in cryptocurrency history include:

Bitcoin's 2011 crash: Bitcoin's value dropped by 99% in June 2011.

Bitcoin's 2020 crash: Bitcoin's value dropped by more than 39% in a single day on March 12, 2020, from $7,935 to $4,826. This occurred during the initial COVID-19 pandemic wave.

TerraUSD's collapse: In the spring of 2022, the price of TerraUSD, a widely used stablecoin, fell to 23 cents. This happened after enough people withdrew their money from the coin.