• 2022: Crypto Winter
    The most prolonged modern downturn began in early 2022 and lasted through the end of the year. It saw Bitcoin's price fall from roughly $50,000 to under $20,000. This crisis is defined by a series of collapses, including:

    • Terra-LUNA Collapse (May 2022): The failure of an algorithmic stablecoin project.

    • FTX Bankruptcy (November 2022): The sudden implosion of one of the world's largest exchanges due to fraud.

  • 2020: Black Thursday (March 12, 2020)
    During the onset of the global COVID-19 pandemic, Bitcoin lost nearly 50% of its value in just a few hours, dropping from $8,000 to a low of approximately $3,800 as investors panicked across all asset classes.

  • 2018: The Great Crypto Crash
    Following the 2017 ICO Bubble, the market experienced a massive sell-off starting in January 2018. Bitcoin declined by approximately 80% over the course of the year, bottoming out near $3,100 in December.

  • 2014: Mt. Gox Bankruptcy
    The first major exchange-related crisis occurred when Mt. Gox, which handled over 70% of all Bitcoin transactions at the time, filed for bankruptcy after losing 850,000 BTC (then worth approx. $473 million) to hackers and mismanagement.

  • 2011: The First Major Crash
    In June 2011, Bitcoin experienced its first significant "flash crash" following a security breach at Mt. Gox. The price dropped 99% on that specific exchange, from over $30 to just one cent in a single day. 

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