Top-7 Biggest $BTC Dips in History❗☠️☠️☠️
June 2011: -99%
Bitcoin fell from $32 to nearly $0.01 following the Mt. Gox hack and low liquidity.
August 2012: -56%
Bitcoin dropped from ~$15.40 to ~$7 due to the collapse of the Bitcoin Savings & Trust Ponzi scheme.
April 2013: -83%
Bitcoin plunged from ~$259 to ~$45 due to a flash crash on Mt. Gox caused by DDoS attacks.
December 2013: -70%
Bitcoin dropped from ~$1,151 to ~$340 over concerns about regulatory crackdowns in China.
January 2018: -51% (eventual 84%)
Initially, Bitcoin fell from ~$19,700 (ATH) to ~$9,500 due to market cooling. By the end of 2018, the drop reached ~84%.
March 2020: -50%
During the COVID-19 market crash, Bitcoin tumbled from ~$9,000 to ~$4,000 in days.
May 2021: -53%
Bitcoin dropped from ~$64,800 (ATH) to ~$30,000 following the China mining ban and broader market fears.