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Ethereum Classic bear market cycles - historical perspective of ETC bear markets
In this overview, we will show the previous bear markets of the Ethereum Classic cryptocurrency - you will see how much ETC 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%.
Ethereum Classic has experienced 16 bear markets in the past, see chart below:
What is Ethereum Classic most negative bear market ?
Ethereum Classic most negative bear market started on Aug 7th, 2018 and ended on Dec 7th, 2018, lasting for 122 days.
During this time, the price of Ethereum Classic decreased from 18.6847 USD to 3.4875 USD, resulting in a return of -81.3 %.
Average compounded daily decrease of price during this period was -1.37% / day.
What is Ethereum Classic 2nd most negative bear market ?
Ethereum Classic 2nd most negative bear market started on Aug 2nd, 2016 and ended on Nov 29th, 2016, lasting for 119 days.
During this time, the price of Ethereum Classic decreased from 2.7600 USD to 0.7459 USD, resulting in a return of -73.0 %.
Average compounded daily decrease of price during this period was -1.09% / day.
What is Ethereum Classic 3rd most negative bear market ?
Ethereum Classic 3rd most negative bear market started on Feb 6th, 2020 and ended on Mar 13th, 2020, lasting for 36 days.
During this time, the price of Ethereum Classic decreased from 12.3128 USD to 3.8623 USD, resulting in a return of -68.6 %.
Average compounded daily decrease of price during this period was -3.17% / day.
Returns of previous Ethereum Classic bear market cycles
In the following table you can see the previous ETC 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 Ethereum Classic
See Ethereum Classic past bull and bear markets in the chart below:
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