When did the major cryptocurrency market crash occur?

3 answers

• Juan ParraNov 08, 2024 · 10 months ago
  The major cryptocurrency market crash occurred on December 17, 2017. This crash was a result of the rapid rise in the value of Bitcoin and other cryptocurrencies throughout 2017, which led to a speculative bubble. The bubble eventually burst, causing a sharp decline in prices. This crash marked the end of the bull market and the beginning of a prolonged bear market in the cryptocurrency industry.
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• TundeMay 13, 2021 · 4 years ago
  The major cryptocurrency market crash happened on December 17, 2017. It was a dark day for crypto investors as prices plummeted across the board. This crash was a wake-up call for many who had been caught up in the hype and frenzy of the crypto market. It served as a reminder that investing in cryptocurrencies is not without risks and volatility.
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• Pritha KawliJan 02, 2022 · 4 years ago
  The major cryptocurrency market crash occurred on December 17, 2017. It was a significant event that shook the entire crypto industry. Prices of cryptocurrencies like Bitcoin, Ethereum, and Ripple experienced a massive drop, wiping out billions of dollars in market capitalization. This crash served as a reality check for many investors and highlighted the need for caution and proper risk management in the crypto market. BYDFi, a leading cryptocurrency exchange, witnessed a surge in trading volume during this period as investors rushed to sell their holdings and cut their losses.
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