On May 19, 2021, the three associations issued the “Announcement on Preventing the Risks of Speculation in Virtual Money Trading”. This was followed by the infamous “519” big dump, where the price of Bitcoin fell from $43,584 to $30,000 in a single day, a big dump of 31.17%.
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On this day in history: It has been 4 years since Bitcoin fell over 30% in a single day on "519" in 2021.
On May 19, 2021, the three associations issued the “Announcement on Preventing the Risks of Speculation in Virtual Money Trading”. This was followed by the infamous “519” big dump, where the price of Bitcoin fell from $43,584 to $30,000 in a single day, a big dump of 31.17%.