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Binance Coin bear market cycles - historical perspective of BNB bear markets
In this overview, we will show the previous bear markets of the Binance Coin cryptocurrency - you will see how much BNB lost during its biggest past bear markets.
Current price and other data:
|Symbol||Price change (1d)||Price (USD)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Binance Coin has experienced 14 bear markets in the past, see chart below:
What is Binance Coin most negative bear market ?
Binance Coin most negative bear market started on Jan 6th, 2018 and ended on Feb 9th, 2018, lasting for 34 days.
During this time, the price of Binance Coin decreased from 24.3699 USD to 4.5772 USD, resulting in a return of -81.2 %.
Average compounded daily decrease of price during this period was -4.8% / day.
What is Binance Coin 2nd most negative bear market ?
Binance Coin 2nd most negative bear market started on Oct 16th, 2017 and ended on Oct 19th, 2017, lasting for 3 days.
During this time, the price of Binance Coin decreased from 0.1839 USD to 0.0398 USD, resulting in a return of -78.3 %.
Average compounded daily decrease of price during this period was -39.95% / day.
What is Binance Coin 3rd most negative bear market ?
Binance Coin 3rd most negative bear market started on Jun 7th, 2018 and ended on Dec 15th, 2018, lasting for 191 days.
During this time, the price of Binance Coin decreased from 17.1594 USD to 4.4703 USD, resulting in a return of -73.9 %.
Average compounded daily decrease of price during this period was -0.7% / day.
Returns of previous Binance Coin bear market cycles
In the following table you can see the previous BNB bear market cycles, in which period they occurred and what were the returns achieved during each bear market cycle:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Binance Coin
See Binance Coin past bull and bear markets in the chart below:
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