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Matic Network bear market cycles - historical perspective of MATIC bear markets
In this overview, we will show the previous bear markets of the Matic Network cryptocurrency - you will see how much MATIC 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%.
Matic Network has experienced 8 bear markets in the past, see chart below:
What is Matic Network most negative bear market ?
Matic Network most negative bear market started on Dec 9th, 2019 and ended on Dec 18th, 2019, lasting for 9 days.
During this time, the price of Matic Network decreased from 0.0414 USD to 0.0121 USD, resulting in a return of -70.8 %.
Average compounded daily decrease of price during this period was -12.78% / day.
What is Matic Network 2nd most negative bear market ?
Matic Network 2nd most negative bear market started on Mar 8th, 2020 and ended on Mar 17th, 2020, lasting for 9 days.
During this time, the price of Matic Network decreased from 0.0269 USD to 0.0082 USD, resulting in a return of -69.6 %.
Average compounded daily decrease of price during this period was -12.4% / day.
What is Matic Network 3rd most negative bear market ?
Matic Network 3rd most negative bear market started on May 27th, 2021 and ended on Jul 21st, 2021, lasting for 55 days.
During this time, the price of Matic Network decreased from 2.2156 USD to 0.6982 USD, resulting in a return of -68.5 %.
Average compounded daily decrease of price during this period was -2.08% / day.
Returns of previous Matic Network bear market cycles
In the following table you can see the previous MATIC 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 Matic Network
See Matic Network past bull and bear markets in the chart below:
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