Bitcoin One Year Later: Reliving The Black Thursday Panic Crash

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Time flies. It is hard to imagine that one year ago today, Black Thursday struck Bitcoin and caused one of the largest single-day selloffs in the asset’s short history, but here we are. In honor of all the billions of liquidations that took place that day, all the strong hands that held through the carnage, and the savvy investors who bought the blood in the streets, we’re looking back at that fateful day and how far the leading cryptocurrency by market cap has come in the short time since. Black Thursday Anniversary: Remembering The Catastrophic Crypto Market Crash Last February, the stock market had set a new all time high and Bitcoin price was back above $10,000 for the first time since summer of 2019. Things had began to pull back into March, but come March 12 panic fully set in, and there was a widespread selloff across all of…

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