What is the name of the day when the cryptocurrency market crashed?

3 answers

• JstDOCAug 13, 2023 · 2 years ago
  Sure, the day when the cryptocurrency market crashed is commonly referred to as 'Black Thursday'. It happened on March 12, 2020, and was triggered by the global COVID-19 pandemic. The sudden crash led to a significant drop in the prices of major cryptocurrencies, causing panic among investors and traders. It was a historic event that highlighted the volatility and unpredictability of the cryptocurrency market.
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• Dima StepchenkovMar 19, 2025 · 4 months ago
  Oh boy, that day was a nightmare for crypto enthusiasts! It's called 'Black Thursday' and it went down on March 12, 2020. The market crashed like a roller coaster on steroids. The COVID-19 pandemic was the main culprit behind this chaos. Prices plummeted, people panicked, and some even lost their shirts. It was a harsh reminder that the crypto market isn't for the faint-hearted.
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• Nelson LongFeb 04, 2022 · 3 years ago
  The day you're referring to is known as 'Black Thursday'. On March 12, 2020, the cryptocurrency market experienced a massive crash that sent shockwaves throughout the industry. Prices tanked, and investors were left scrambling to salvage what they could. It was a wake-up call for many who had become complacent during the bull run. However, it also presented a buying opportunity for those with nerves of steel. BYDFi, a leading cryptocurrency exchange, witnessed a surge in trading volume as traders sought to capitalize on the market downturn.
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