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Qtum bear market cycles - historical perspective of QTUM bear markets
In this overview, we will show the previous bear markets of the Qtum cryptocurrency - you will see how much QTUM 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%.
Qtum has experienced 18 bear markets in the past, see chart below:
What is Qtum most negative bear market ?
Qtum most negative bear market started on Apr 25th, 2018 and ended on Sep 18th, 2018, lasting for 146 days.
During this time, the price of Qtum decreased from 23.1022 USD to 3.1592 USD, resulting in a return of -86.3 %.
Average compounded daily decrease of price during this period was -1.35% / day.
What is Qtum 2nd most negative bear market ?
Qtum 2nd most negative bear market started on Jun 23rd, 2017 and ended on Jul 16th, 2017, lasting for 23 days.
During this time, the price of Qtum decreased from 16.8400 USD to 3.9200 USD, resulting in a return of -76.7 %.
Average compounded daily decrease of price during this period was -6.14% / day.
What is Qtum 3rd most negative bear market ?
Qtum 3rd most negative bear market started on Jun 30th, 2019 and ended on Oct 24th, 2019, lasting for 116 days.
During this time, the price of Qtum decreased from 5.5981 USD to 1.5545 USD, resulting in a return of -72.2 %.
Average compounded daily decrease of price during this period was -1.1% / day.
Returns of previous Qtum bear market cycles
In the following table you can see the previous QTUM 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 Qtum
See Qtum past bull and bear markets in the chart below:
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