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9 Biggest Bitcoin Crashes in History
The Oct. 10, 2025, crypto market crash wiped out an unprecedented $19 billion worth of leveraged Bitcoin and other crypto positions. But it was far from one of the biggest percentage drops in the price of BTC on record. From Mt. Gox’s penny trade to the FTX collapse shock, here’s every time Bitcoin’s price crashed hard—and the circumstances that triggered it. This is the big one. Bitcoin dropped approximately 99.9% on Mt. Gox after a hacker stole hundreds of thousands worth of BTC and sold it for just a penny. At the time, Mt. Gox facilitated roughly 90% of all Bitcoin trading. Because Mt. Gox dominated ... (full story)