Worst quarter since 2011 for bitcoin
Q2 ended as the worst quarter for bitcoin since Q3 2011, as the price declined from ~$45,000 to ~$19,900 – a drop of 56%.
Jul 5th 2022
The last three months have been brutal in the crypto market. Bitcoin opened Q2 at $45,000 and has since declined to below $20,000. This marked a historic quarter for the bitcoin price, and we have to go back 11 years to find a more brutal quarter. Bitcoin ended the quarter just below $20,000, dropping 56%.