Bitcoin just lost more than stocks did in the 1929 market crash. It won’t be the last time.
1. Bitcoin experienced a 15.4% drop from its recent all-time high. 2. This decline surpassed the historical 1929 stock market crash in magnitude. 3. Crashes are inherent in both crypto and traditional financial markets. 4. Large investors selling simultaneously leads to significant price drops. 5. Regulatory measures can delay but not prevent market crashes.