Why Did Bitcoin Collapse In 2013

Last Updated on March 20, 2024 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. The Beijing government …

7 of the Biggest Bitcoin Crashes in History – Yahoo Finance

When China banned Bitcoin at the end of 2013, it lost 50% of its value overnight, according to the Guardian. China’s relationship with …

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 …

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 …

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 …

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 another …

One person caused bitcoin to spike from $150 to $1,000 in 2013

“We conclude that the suspicious trading activity caused the unprecedented spike in the USD-BTC exchange rate in late 2013, when the rate jumped …

Cryptocurrency bubble – Wikipedia

The history of cryptocurrency has been marked by speculative bubbles in 2011, 2013, 2017, … as the bitcoin crash and the Great crypto crash) was the sell-off of most …

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

And from January to December 2013, markets obeyed with prices rising over 8,000 percent. In the mist of this hype, it appeared that the Bitcoin …

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 …

Paganoto

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