It has been a year since the infamous Black Thursday (USA time) / Black Friday (UTC time) – one of the “droppiest” events in Bitcoin (BTC)’s, Ethereum (ETH)’s, and altcoins’ history. And the world’s first crypto has come a long way since.
On the night (UTC time) from Thursday, March 12, to Friday, March 13, 2020, the crypto markets turned very bloody. The focus was on the number one crypto by market capitalization which had abruptly taken a steep dive – some 40%. It went from the USD 9,000 level to below USD 5,000, and at one point even below USD 4,000.
A year ago today, doomsday,#BTC dropped from $8000 to $3775#BNB dropped from $16 to $6.34
Today:#BTC: $56,700 (15x)#BNB: $280 (44x)
There are more opportunities today than there were in the past. There will be more opportunities in the future.
Not financial advice. pic.twitter.com/fCOPmtZOFP
— CZ Binance (@cz_binance) March 12, 2021
Meanwhile, ETH and major altcoins have also turned green. ETH, for example, surged from USD 97 to which it had dropped on March 13, to its all-time high of USD 2,035 on February 20, and the current USD 1,784. Since March 13, it’s up by more than 1,739%.
— Nick Chong (@n2ckchong) March 12, 2021
— Nik Patel (@cointradernik) March 12, 2021