Recently,world of economies eyes returned to crypto money.
Bitcoin, which is the biggest of these, was based on the $ 20,000 band last week, but it fell to $ 12,000 this week.In fact, this sudden movement is not a first for Bitcoin.
Here are the hard landings and exits of Bitcoin in the last 5 years and their reasons.
Large melting in April 2013
a Bitcoin was trading at 233 USD. In April, it declined by 71 percent to 67 dollars.
Investors who had not yet mastered the job market were experiencing great panic at this point.In fact, they were not unfair. The decline lasted for exactly 7 months and Bitcoin tilted down to 13.40.
Second wave in 2013
Bitcoin spent the rest of 2013 at the level of $ 120, made one of its biggest outings in the autumn and increased its value by a factor of 10.In November 2013, for the first time in over a thousand dollars and began to trade at $ 1,150. But this super-fast exit changed direction again super-fast, and in December Bitcoin was down to $ 500.
Mt. Gox hell in 2014
When dates show February 2014, Bitcoin, traded at $ 867, declined by 49 percent to $ 439. However, this decline, which began with the influence of Mt Gox, was the biggest trigger in the recession period until 2016.
2017 Summer liquidation
Hacking, illegal buying, selling, speculation, and investors who have taken the cue from the crypto money market, this premature market has increased its investment in 2017. Over the years Bitcoin, worth more than a thousand dollars, was showing a crazy climb.But by June of 2017, the currency fell by 3,000 dollars. This decline continued in July. Bitcoin, which had fallen by 36 percent in July, fell to $ 1,869.
Great Chinese breakdown
When all these worries began to disappear, those who believed that the waters had stopped were in fact once again mistaken. Bitcoin seemed to be moved to make a crazy tear. Approaching the level of 5 thousand dollars in September 2017 crypto money, on September 15 exhibited a 37 percent decrease in the total market value of at least 30 billion dollars with the sweeping. Although this mobility seemed like a messenger of bad things, this tense expectation lasted for 3 days and the prices rose to the level of 4 thousand dollars again.
