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Kusama bear market cycles - historical perspective of KSM bear markets
In this overview, we will show the previous bear markets of the Kusama cryptocurrency - you will see how much KSM 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%.
Kusama has experienced 9 bear markets in the past, see chart below:
What is Kusama most negative bear market ?
Kusama most negative bear market started on Sep 21st, 2019 and ended on Dec 8th, 2019, lasting for 78 days.
During this time, the price of Kusama decreased from 6.1587 USD to 1.5349 USD, resulting in a return of -75.1 %.
Average compounded daily decrease of price during this period was -1.77% / day.
What is Kusama 2nd most negative bear market ?
Kusama 2nd most negative bear market started on Jun 10th, 2021 and ended on Jun 27th, 2021, lasting for 17 days.
During this time, the price of Kusama decreased from 514.7658 USD to 169.9895 USD, resulting in a return of -67.0 %.
Average compounded daily decrease of price during this period was -6.31% / day.
What is Kusama 3rd most negative bear market ?
Kusama 3rd most negative bear market started on Mar 3rd, 2020 and ended on Mar 13th, 2020, lasting for 10 days.
During this time, the price of Kusama decreased from 3.7225 USD to 1.4202 USD, resulting in a return of -61.8 %.
Average compounded daily decrease of price during this period was -9.19% / day.
Returns of previous Kusama bear market cycles
In the following table you can see the previous KSM 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 Kusama
See Kusama past bull and bear markets in the chart below:
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