🚨🚨 Firsy ever bear run in crypto history 🚨🚨
We have all seen many bull and bear runs throughout oye trading life We have seen btc going past 50k to it falling Below 20k But do you know abt the first ever Bear run in the market? If not keep reading because below we will tell only that
The bear market of 2011
The first ever Bear run started when most of us won’t even have heard the term bitcoin , yes it started in 2011 The start of 2011 was pretty good for the crypto market as The price of btc rallied to that time’s ATH 42.67 On june 8th
however this rally was cut short when on 19th june MT gox was compromised where hackers stole over 850k bitcoins (Worth over 30Million$ at that time ) this sent the crypto market into a bull run with price dropping below 3$ by november 2011
