What happened during the 2018 cryptocurrency crash?

The 2018 cryptocurrency crash (also known as the Bitcoin crash and the Great crypto crash ) was the sell-off of most cryptocurrencies starting in January 2018. After an unprecedented boom in 2017, the price of Bitcoin fell by about 65% from 6 January to 6 February 2018.

Was 2018 a bad year for crypto?

In short, 2018 was a year chock full of bad news for crypto. By the end of it, the idea that cryptocurrency was a golden ticket had faded, replaced by uncertainty and confusion about the future of digital money. It started in January.

What happened to crypto-tokens in 2018?

No crypto-token has escaped the carnage; investors are running for the exits and ICO projects are dropping like flies. What happened? In short, 2018 was a year chock full of bad news for crypto. By the end of it, the idea that cryptocurrency was a golden ticket had faded, replaced by uncertainty and confusion about the future of digital money.