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Cryptocurrency News

A brief history of Bitcoin crashes and bear markets: 2009–2022

07/11/2022

Less than a minute

2022.07.11 15:26

Bitcoin (BTC) experienced one of its most brutal crashes ever in 2022, with the BTC price plummeting below $20,000 in June after peaking at $68,000 in 2021.

June 2022 has become the worst month for Bitcoin since September 2011, as its monthly losses mounted to 40%. The cryptocurrency also posted its heaviest quarterly losses in 11 years.

Bitcoin price chart April 2013–January 2017. Source: CoinGeckoBitcoin price chart December 2017–December 2020. Source: CoinGecko

07/11/2022

Less than a minute