On this day back in 2021, the crypto market went through one of the most brutal capitulation events ever recorded.
Today, a 10–15% correction already feels painful… but five years ago, Bitcoin dropped almost 31% in just one day. Altcoins were hit even harder, with ETH, BNB, XRP, ADA and many others getting wiped out across the board.
The crash was mainly triggered by China escalating its crackdown on crypto mining and trading, creating massive panic throughout the market.
Liquidations exploded, fear spread everywhere, and timelines were filled with chaos. Anyone who traded through that day probably still remembers how insane it felt. 😭
RIVERUSDT
Διην.
6.694
-1.79%