There was no crash. Are you confused about market trends?
Thank for you comment. A crash is defined as a loss of more than 20%, as seen in 1929 and 1987. BTCUSD fell from $5.50 to $4.20 within 24 hours. That is a 23.6% drop. That is a crash.
Interesting though you consider a 23.6% drop as simply a market trend. It goes to show that "volatility" is relative and some BTCUSD traders are accustom to the extreme price moves of BTCUSD.
In that case, Bitcoins have had dozens of crashes...