Bitcoin's Biggest Crashes Ranked – Volatility, Reasons

The drop in traditional equities, however, pales in comparison to what was seen in the crypto market. During trading hours BTC plummeted from $7,946 to $4,650⁠—a loss of 41.5% at closing time. The move represents the largest drop in Bitcoin prices since 2013. Altcoins were also devastated, experiencing high double-digit losses across the board.

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