Market · April 10, 2013
First major bubble: $266 then crash
Price at event
$230
Today
$73,442
Since then
×319
Mt. Gox runs hot, can't keep up with order flow, halts trading for hours. Price drops from $266 to $50 within 48 hours. Forbes writes its second obituary in two years.
⸺ Sources ⸺
- newsThe Bitcoin Crash: An Examination — Bitcoin Magazine (contemporaneous April 2013 analysis of the $266 peak and crash to ~$100) ↗
- referenceHistory of bitcoin — Wikipedia (documents April 2013 drop from $266) ↗
- referenceApril 2013 bubble — Bitcoin Wiki (event-specific page; $266 all-time high on Mt. Gox then swift crash) ↗