Story of Bitcoin Crash : History to Present | Reasons

LISTED BELOW ARE THE BIGGEST CRASHES IN THE HISTORY OF BITCOINS!

Year 2011, June-November:

📉 Fall by 94%, It went down from $32 to $2 because of MtGox hack!

Year 2012, June:

📉 Fall by 36%, It went down from $7 to $4 because of Linode hack!

Year 2013, April:

📉 Fall by 79%, It went down from $266 to $54 because the Japan based bitcoin exchange, MTGox stopped trading!

Year 2014, February:

📉 It went down by 49% because of loss of MTGox’s existence!

Year 2017, September:

📉 Fall by 40%, It went down from $5000 to $2972 after China banned Bitcoin!

Year 2018, January:

📉 Fall by 48%, It went down from $19700 to 9500 because of political tension produced in South Korea FUD (Fear, uncertainty and doubt). The same is applicable because of political tension produced by the Finance Minister in India as well.

Bitcoin died thousands of times just to keep on living!

Source: http://www.techcryptoguru.com/?p=484