In the crypto industry, there exists a whole idea of a market reset. It happened by way of the bankruptcy of the Mt.Gox bitcoin exchange, The DAO hacking, the ICO bubble burst, as well as the collapse of the crypto market in March 2020. Each of these resets were accompanied by severe drawdowns in the entire crypto market, but ended up in the implementation of groundbreaking solutions and new price ceilings for numerous crypto-assets.
Crypto market resets
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