9 of the Top 12 Crypto Assets Are Down 70-90% From All-Time Highs Recorded Last Year

Most of the major digital currencies reached an all-time high in November 2021 and today a vast majority of major crypto assets have lost between 70% and 90% of their value against the dollar.

9 out of 12 crypto assets have lost significant value since last year’s highs.

Almost a year has passed since the world’s top crypto assets hit all-time highs in 2021, and a large number of digital currencies have lost significant value.

The top crypto asset by market valuation bitcoin is currently trading at prices between $19,078 and $19,377 per unit in the past 24 hours. the bitcoin is down today, 72.1% lower in value than the all-time high ($69,044) on November 10, 2021.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is trading at prices between $1,289 and $1,317 per unit on Sunday. ETH has lost 73.2% of its value since hitting an all-time high (ATH) of $4,878 the same day as BTC.

9 of the top 12 crypto assets are down 70%-90% from all-time highs recorded last year.

The top ten crypto asset positions have two stablecoins in the third and fourth positions in terms of current crypto market capitalization, namely USDT and USDC, BNB is the fifth largest crypto asset and its 24-hour price range is between $279 and $286 per unit. The crypto asset BNB lost 58.3% against its ATH on May 10, 2021.

Last year, BNB was trading at $686 per unit on that day. The crypto asset xrp (XRP) did not reach its highest price in 2021. Its ATH was recorded on January 7, 2018. XRP traded at prices between $0.45 and $0.47 l unity sunday, and the price is 86.4% lower than the ATH recorded four years ago.

9 of the top 12 crypto assets are down 70%-90% from all-time highs recorded last year.
The seventh position in the top 10 of cryptocurrency market capitalizations is occupied today by the stablecoin BUSD. The eighth largest crypto asset is cardano (ADA) which today trades between $0.42 and $0.43 per unit. ADA has lost 86.1% of its value in USD since September 2, 2021at which time ADA reached an ATH of $3.09 per unit.

Solana (SOL) is trading from $32.31 to $33 by SOL on Oct 2, 2022, and since the ATH of $259 on Nov 06, 2021, 11 months ago, SOL lost 87.4%. The tenth largest crypto asset is dogecoin meme coin (DOGE), which traded between $0.059 and $0.0609 per unit. DOGE is down 91.8% since the ATH recorded on May 8, 2021when the dogecoin hit $0.731 per DOGE over a year ago.

The eleventh largest polkadot (DOT) crypto asset is trading between $6.20 and $6.32 per DOT. About 11 months ago, on November 4, 2021, DOT was 88.5% higher at $54.98 per DOT. Finally, the twelfth largest crypto asset by market valuation, shiba inus (SHIB) trades from $0.00001094 to $0.00001122. SHIB has lost about 87.1% of its value after trading at $0.00008616 on October 28, 2021.

We wish to give thanks to the author of this write-up for this incredible content

9 of the Top 12 Crypto Assets Are Down 70-90% From All-Time Highs Recorded Last Year


Find here our social media accounts as well as the other related pageshttps://metfabtech.com/related-pages/