The crypto world is in turmoil: taking stock of those Black Swan Events that have shaken the market

In the crypto world, this ever-changing landscape, the Black Swan Event is like a series of strong storms, impacting market stability and altering the industry landscape. Let's review the ups and downs of the crypto world through these 7 iconic events.

Mentougou Incident: The Beginning of Trust Collapse

In February 2014, the Mt. Gox incident erupted. As one of the largest bitcoin exchanges in the world at the time, Mt. Gox was hacked, resulting in the theft of 850,000 bitcoins and the eventual bankruptcy of the exchange. This incident triggered a severe trust crisis in the crypto world, with the price of bitcoin plummeting by 80%. It made people realize the vulnerability of security protection in cryptocurrency exchanges, prompting the industry to pay more attention to the construction of security systems.

China's ICO Ban: The Heavy Hand of Regulation

On September 4, 2017, China issued an ICO ban, strengthening regulation in the crypto world. In a short period, the market value of the crypto world evaporated by 80%, and many projects moved overseas one after another, causing a 30% plunge in the price of Bitcoin. Investors suffered heavy losses. This event indicates that regulatory policies have a decisive impact on the development of the crypto world, and compliance has become an important prerequisite for industry development.

Black Thursday: Market Panic Amid the Pandemic

On March 12, 2020, known as "Black Thursday," the crypto world saw a wave of liquidations due to the global spread of the new crown epidemic, regulatory tightening, and other factors. Bitcoin plummeted by 50%, Ethereum by 70%, and global assets also plummeted. Market confidence was severely damaged, highlighting the close connection between the cryptocurrency market and the global macroeconomic environment.

Chinese regulatory tightening: Market's violent fluctuations

On May 19, 2021, China further strengthened its regulation, and a situation of both long and short positions being killed emerged. Institutions jointly issued a document, causing Bitcoin to plummet by 30%, with 600,000 people being liquidated, resulting in a loss of 7 billion US dollars, and global assets also followed suit. This once again proves that adjustments to regulatory policies will quickly reflect in the crypto world market, and investors need to closely monitor policy trends.

Terra Luna crash: crisis of decentralized finance

In May 2022, Terra Luna crashed, with Luna worth zero, and a market value evaporating by 40 billion US dollars. This event triggered a trust crisis in decentralized finance, leading to the bankruptcy of institutions such as Three Arrows Capital, and UST de-pegging. It has prompted a re-evaluation of the risks of decentralized finance projects and has had a profound impact on the ecosystem development of the crypto world.

FTX bankruptcy: industry trust crisis reappears

In November 2022, FTX went bankrupt, causing a $7 billion loss due to financial issues and liquidity crisis. This triggered a trust crisis in the exchange, with founder SBF being imprisoned. FTX was once a star exchange in the crypto world, and its bankruptcy raised higher demands from investors on the operation and regulation of exchanges.

Deepseek Event: The Impact of the New Storm

On February 3, 2025, the Deepseek incident broke out. Factors such as the AI bubble bursting, Trump's tariff policy, etc., led to a sharp drop in Ethereum, with 710,000 people being liquidated. This event reflects the complex relationship between the crypto world, emerging technologies, and macro policies, once again reminding investors of the market's uncertainty.

These Black Swan Event are profound marks in the development of the crypto world, bringing both crisis and losses, and driving the industry to constantly improve and progress through reflection. For investors, understanding these historical events can provide a better understanding of the risks in the crypto world and help maintain rationality and caution in investments.#BTC #ETH #SOL走势分析 #板块币种下跌，持有还是卖出？ #多种加密货币ETF申请中