Biggest Crypto Market Crashes & Recoveries

Understand the most significant historical downturns in the crypto market and how long it typically takes for assets to recover.

The top 3

  1. Top 3 Largest Percentage Drops in Crypto Market Cap: The Mt. Gox flash crash in June 2011 saw Bitcoin's price briefly collapse by nearly 99%, while the Crypto Winter of 2017-2018 resulted in an over 80% decline, and the Terra-Luna collapse in 2022 pushed Bitcoin nearly 77% below its all-time high.
  2. Longest Crypto Bear Markets on Record: Historically, crypto bear markets have typically lasted between eight and twelve months, with Bitcoin's two longest bear markets being 385 days (2018-2019) and 381 days (2022-2023).
  3. Fastest Recoveries from Major Crypto Dips: Bitcoin has recovered from every major bear market in its history, with one of the fastest recoveries occurring after the 2021/2022 bear market, taking 480 days to reach a new all-time high.

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