Bitcoin's Top 3 Price Swings & Recoveries

Bitcoin has a history of dramatic price movements, experiencing significant crashes followed by notable recoveries, often setting new all-time highs.

The top 3

Largest Historical Single-Day Percentage Drops: The biggest single-day crash in Bitcoin's history occurred in June 2011, with the price briefly falling by nearly 99% due to a Mt. Gox hack and extremely low market liquidity. Another significant drop was in April 2013, a flash crash of 83% caused by DDoS attacks on Mt. Gox.
Bitcoin's Top 3 Longest Bear Market Durations: Bitcoin's longest bear market, based on negative year-on-year returns, lasted 490 days, ending in June 2023, with returns reaching as low as -83.6%. Other long bear markets include the 2018–2019 cycle (385 days) and the 2022–2023 cycle (381 days), both seeing significant price declines.
Bitcoin's Top 3 Fastest Recoveries After Major Crashes: After the 2021-2022 crash, where Bitcoin dropped 77% from its peak, it rallied to a new all-time high above $123,000 in 2025, a recovery of over 690% from the bottom in approximately 24 months.