Looking back at the black swan moments in the history of the cryptocurrency circle, how many have you experienced?
1. Mt. Gox collapse (2014) The world's largest Bitcoin exchange Mt. Gox suddenly declared bankruptcy, 850,000 Bitcoins evaporated, causing the price of Bitcoin to fall from $1,000 to $150.
2. China's ICO ban (2017) The Chinese government suddenly announced a comprehensive ban on ICOs, causing market panic and the price of Bitcoin to plummet from $5,000 to $3,000.
3. BitConnect collapse (2018) The cryptocurrency Ponzi scheme BitConnect was exposed, the project collapsed, and investors lost all their money, causing the price of Bitcoin and other cryptocurrencies to plummet.
4. Black Thursday (2020) The global financial panic caused by the new crown epidemic caused Bitcoin to plummet by more than 40% in a single day, from $8,000 to $4,800, and the liquidation chain within the DeFi system triggered a vicious cycle.
5. PlusToken scam (2019-2020) The multi-billion dollar PlusToken Ponzi scheme was exposed, and the sell-off of Bitcoin and Ethereum caused a sharp drop in the market, with the price of Bitcoin falling from $13,000 to $7,000.
6. LUNA/UST collapse (2022) The algorithmic mechanism of stablecoins UST and LUNA failed, UST decoupled, LUNA plummeted 99%, billions of dollars were wiped out, and the price of Bitcoin fell from $40,000 to $25,000.
7. Celsius bankruptcy (2022) The crypto lending platform Celsius faced a liquidity crisis, froze customer withdrawals, and eventually filed for bankruptcy protection, causing market panic and Bitcoin prices falling below $20,000.
8. FTX bankruptcy (2022) The world's top cryptocurrency exchange FTX suddenly went bankrupt, user funds were frozen, the founder was accused of fraud, the market fell into panic, and the price of Bitcoin plummeted from $21,000 to $16,000.
9.Silvergate Bank Collapses (2023) Cryptocurrency-friendly bank Silvergate Capital Corp. announced its closure, sparking market concerns about banking system risks, and Bitcoin prices fell from $24,000 to $20,000.
10. SVB and Signature Bank Collapses (2023) Silicon Valley Bank (SVB) and Signature Bank collapsed one after another, impacting the stability of the crypto market, and Bitcoin prices temporarily fell below $20,000.
