what caused 2013 bitcoin crash - Samuelpaganoto.com

Last Updated on December 6, 2023 by Paganoto

The bitcoin crash of 2013: Don't you feel silly now?

The proximate cause of the bitcoin crash was a warning by China’s central bank against treating bitcoins as legal tender.

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

Bitcoin entered a massive bear market shortly after breaking $1,000 for the first time in history, with the BTC price tumbling below $700 one …

7 of the Biggest Bitcoin Crashes in History – Yahoo Finance

In April 2013, Bitcoin became a victim of its own success as investors piled on to the exciting new opportunity that was buzzing in the …

5 of the Biggest Bitcoin Crashes—And How This One Compares

But the December 2013 crash was a huge deal. The price had reached $1,151.17 on December 3—then an all-time high—after trading for slightly …

Putting Crypto Volatility in Context: What We Can Learn From …

The early crashes were caused by the market cycles often seen in highly speculative asset classes. The December 2013 crash happened because …

why did Bitcoin crash and why Bitcoin will drop again

The aforementioned big crash over a few days in April 2013 was a result of both Bitcoin rising too fast and yet another case of mismanagement at …

FINANCE PROFESSOR: Bitcoin Will Crash To $10 By Mid-2014

The pin that burst the Bitcoin hyper bubble was China. Ironically, China, the second largest economy in the world, helped push Bitcoin prices …

Cryptocurrency bubble – Wikipedia

Historical bubblesEdit · 2011 booms and crashes · 2013 boom and 2014–15 crash · 2017 boom and 2018 crash · 2020–2021 boom and 2021–2022 crash …

5 Big Bitcoin Crashes: What We Learned – Fortune

What happened: In the spring of 2013, a ghastly collapse saw the price of bitcoin fall from $233 to $67—overnight! That’s a 71% drop. It would …

An Illustrated History Of Bitcoin Crashes – Forbes

Early 2013 saw an extraordinary Bitcoin boom. By the beginning of March, Bitcoin prices were already double the 2012 high, and they rose …

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Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.