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Maker bear market cycles - historical perspective of MKR bear markets
In this overview, we will show the previous bear markets of the Maker cryptocurrency - you will see how much MKR 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%.
Maker has experienced 16 bear markets in the past, see chart below:
What is Maker most negative bear market ?
Maker most negative bear market started on Feb 24th, 2020 and ended on Mar 13th, 2020, lasting for 18 days.
During this time, the price of Maker decreased from 653.2775 USD to 203.3193 USD, resulting in a return of -68.9 %.
Average compounded daily decrease of price during this period was -6.28% / day.
What is Maker 2nd most negative bear market ?
Maker 2nd most negative bear market started on Oct 9th, 2018 and ended on Dec 11th, 2018, lasting for 63 days.
During this time, the price of Maker decreased from 769.0304 USD to 320.7153 USD, resulting in a return of -58.3 %.
Average compounded daily decrease of price during this period was -1.38% / day.
What is Maker 3rd most negative bear market ?
Maker 3rd most negative bear market started on May 5th, 2018 and ended on Jun 29th, 2018, lasting for 55 days.
During this time, the price of Maker decreased from 1141.9040 USD to 478.1165 USD, resulting in a return of -58.1 %.
Average compounded daily decrease of price during this period was -1.57% / day.
Returns of previous Maker bear market cycles
In the following table you can see the previous MKR 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 Maker
See Maker past bull and bear markets in the chart below:
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