How does Bitcoin perform historically after its worst day of the year?

exchange681 week ago

0 0 2 minutes read

Bitcoin has always been synonymous with volatility, but its recent performance on Aug. 5 marked the worst drop this year—16% top to bottom. Despite this, Bitcoin has already bounced back by 10% before the day even ended. Historically, such drastic declines are often followed by remarkable recoveries. Consider the infamous drop on March 12, 2020, where Bitcoin plummeted 39.63%, only to skyrocket by over 100% in a few months. But what happened following one of its most surprising dips on Sept. 14, 2017…?

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