Ethereum fell -94.0% at its worst — here is every crash since 2017

Peak, bottom, and how long it took to get back to break-even, plus what $10,000 would have been worth at each bottom.

Data as of September 10, 2026

Worst fall on record

-94.0%

January 13, 2018 to December 14, 2018, falling for 11 months

Every fall of 10% or more that Ethereum has had since November 9, 2017.

Time to recover
3 years 1 month

Back at that peak on February 2, 2021

On your amount
$604

What $10,000 was worth at the bottom

Right now
-48.9%

As of September 10, 2026

In an ordinary year it moves about ±70.8% around its own trend.

Ethereum: how far below its peak

Total return with dividends reinvested. Monthly lows; the line touches 0 % only at a new high.

Ethereum: how far below its peak
YearWorst readingDate
2017-18.4%December 22, 2017
2018-94.0%December 14, 2018
2019-92.5%February 7, 2019
2020-92.1%March 16, 2020
2021-57.1%July 20, 2021
2022-79.4%June 18, 2022
2023-74.8%January 2, 2023
2024-54.1%January 3, 2024
2025-69.4%April 8, 2025
2026-67.6%June 25, 2026
Ethereum: every crash, deepest first
Ethereum: every crash, deepest first
PeakJanuary 13, 2018BottomDecember 14, 2018Fall-94.0%Peak to bottom11 monthsPeak to recovery3 years 1 monthYour amount at the bottom$604
PeakNovember 8, 2021BottomJune 18, 2022Fall-79.4%Peak to bottom7 monthsPeak to recovery3 years 9 monthsYour amount at the bottom$2,065
PeakAugust 22, 2025BottomJune 25, 2026Fall-67.6%Peak to bottom10 monthsPeak to recoveryNot yetYour amount at the bottom$3,239
PeakMay 11, 2021BottomJuly 20, 2021Fall-57.1%Peak to bottom2 monthsPeak to recovery5 monthsYour amount at the bottom$4,288
PeakFebruary 19, 2021BottomFebruary 28, 2021Fall-27.8%Peak to bottomunder a monthPeak to recovery1 monthYour amount at the bottom$7,224
PeakDecember 19, 2017BottomDecember 22, 2017Fall-18.4%Peak to bottomunder a monthPeak to recoveryunder a monthYour amount at the bottom$8,162
PeakApril 15, 2021BottomApril 19, 2021Fall-14.0%Peak to bottomunder a monthPeak to recoveryunder a monthYour amount at the bottom$8,599
PeakJanuary 9, 2018BottomJanuary 11, 2018Fall-11.1%Peak to bottomunder a monthPeak to recoveryunder a monthYour amount at the bottom$8,886
PeakNovember 27, 2017BottomNovember 29, 2017Fall-11.0%Peak to bottomunder a monthPeak to recoveryunder a monthYour amount at the bottom$8,900

Depth is measured from the previous all-time high, and “peak to recovery” runs from that high back to it — not from the bottom, which gives a much shorter number.

What Ethereum's own history says

The worst fall was -94.0%, from January 13, 2018 to December 14, 2018 — $10,000 invested at that peak was worth $604 at the bottom. It took 3 years 1 month from that peak to close back at it, on February 2, 2021. Today it sits 48.9% below its all-time high.

Computed from daily closing prices with dividends reinvested, snapshotted September 10, 2026.

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History is not a forecast

This page shows what actually happened to a real price series — nothing more. An asset that recovered every time so far carries no promise that it will again, and the next fall will not be the last one. Prices exclude trading costs, spreads, currency conversion and taxes, all of which make a real-world fall worse than the one drawn here. Nothing on this page is investment advice; do your own research or speak to a regulated adviser before investing.

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