5 Biggest Bitcoin Dips Ever Happened
- Date: 02-Jun-2022
- Source: Al Bawaba
- Sector:Financial Markets
- Country:Middle East
5 Biggest Bitcoin Dips Ever Happened
When Bitcoin rose from $2 to over $32 in 2011, it reached parity with an ounce of silver. Everything was perfect until it stopped. On June 19, Mt. Gox, the world's largest Bitcoin exchange] back then, was hacked, and millions of dollars in bitcoins were stolen. As a reaction to this news, bitcoin's price plummeted to one penny on one unfortunate day.
2. December 2013 (-50%)
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