The sky is falling

Inventory of the six major black swan events in the cryptocurrency circle
1. Mentougou incident in February 2014.
The world's largest Bitcoin exchange MTGOX was hacked and lost nearly 850,000 Bitcoins, accounting for 7% of the total number of Bitcoins in the world. This incident caused Bitcoin to plummet by 80%, triggering a crisis of trust in the cryptocurrency market.
2. The September 4th incident in 2017.
The cryptocurrency market fluctuated greatly, and the market value evaporated by 80% in just a few days. Investors suffered heavy losses, and people also had a deeper understanding of the complexity of the cryptocurrency market.
3. The March 12th incident in 2020.
The price of Ethereum plummeted to below $80, which made people see the impermanence and uncertainty of the cryptocurrency market, but the belief in its potential and value remained firm.
4. The May 19th incident in 2021.
600,000 contract dogs were liquidated overnight, and many investors suffered huge losses, once again reminding that the risks and uncertainties in the cryptocurrency market are extremely high.
5. The Luna black swan incident in 2022.
It triggered a major crisis in the field of decentralized finance (DFI), becoming a major turning point in the cryptocurrency market with far-reaching impact.
6. The FTX explosion in 2022.
It triggered a crisis of trust in the entire cryptocurrency market, and the market suffered a serious blow.
Which black swan events have you experienced in the cryptocurrency circle? ? ? #加密市场回调 #黑天鹅事件