Bitcoin Price Briefly Falls 23% After Fork
The blockchain fork spooks traders, causing a sharp price drop.
During the March 2013 fork crisis, Bitcoin’s price dropped from around $48 to nearly $37 in a matter of hours. Confidence was shaken, but the quick resolution and rollback helped stabilize the market.By the next day, the price had recovered most of its losses, cementing the perception that the Bitcoin ecosystem could withstand unexpected technical crises.