1 year ago
274 days oregon astir 9 months ago, the crypto system was worthy $2.34 trillion and astatine $967 cardinal the aggregate worth of each 13,192 crypto assets is $1.48 trillion less. Most of the apical integer currencies tapped an all-time terms precocious successful November 2021 and today, a large bulk of the apical crypto assets are down betwixt 70% to 90% successful worth against the U.S. dollar.
9 Out of 12 Crypto Assets Have Lost Significant Value Since Last Year’s Price Highs
It’s astir a twelvemonth aboriginal since the world’s apical crypto assets tapped all-time highs successful 2021, and a large fig of integer currencies person mislaid sizeable value. The pursuing is simply a look astatine the top crypto assets by marketplace capitalization, successful bid to spot however overmuch USD worth each coin has lost.
The starring crypto plus by marketplace valuation bitcoin (BTC) is presently trading for prices betwixt $19,078 to $19,377 per portion during the past 24 hours. Bitcoin is down today, 72.1% little successful USD worth than the all-time precocious ($69,044 per unit) printed connected November 10, 2021.
Ethereum (ETH), the second-largest crypto coin by marketplace cap, is trading astatine prices betwixt $1,289 to $1,317 per portion connected Sunday. ETH has mislaid 73.2% successful USD worth since reaching an all-time precocious (ATH) of $4,878 per portion connected the aforesaid time arsenic BTC’s ATH.
The apical 10 crypto plus positions person 2 stablecoins successful the 3rd and 4th positions successful presumption of today’s crypto marketplace caps, which see USDT and USDC. BNB is the 5th largest crypto plus and today’s 24-hour terms scope has been betwixt $279 to $286 per BNB. The crypto plus BNB has mislaid 58.3% from the crypto’s ATH posted connected May 10, 2021.
At the clip past year, BNB was exchanging hands for $686 per portion that day. The crypto plus xrp (XRP) did not scope a beingness terms precocious successful 2021, arsenic XRP’s ATH was recorded connected January 7, 2018. XRP has been trading for prices betwixt $0.45 to $0.47 per portion connected Sunday, and the terms is down 86.4% little than the ATH recorded 4 years ago.
The seventh presumption successful the apical 10 crypto marketplace caps contiguous is occupied by the stablecoin BUSD. The eighth largest crypto plus is cardano (ADA), which is exchanging hands contiguous for $0.42 to $0.43 per unit. ADA has mislaid 86.1% successful USD worth since September 2, 2021, backmost erstwhile ADA reached an ATH of $3.09 per unit.
Solana (SOL) is trading for $32.31 to $33 per SOL connected October 2, 2022, and since the $259 per coin ATH connected November 06, 2021, 11 months ago, SOL is down 87.4%. The tenth largest crypto plus is the meme coin dogecoin (DOGE), which has traded for $0.059 to $0.0609 per unit. DOGE has mislaid 91.8% since the ATH recorded connected May 8, 2021, erstwhile dogecoin reached $0.731 per DOGE implicit a twelvemonth ago.
The eleventh largest crypto plus polkadot (DOT) is trading for $6.20 to $6.32 per DOT. Roughly 11 months agone connected November 4, 2021, DOT was 88.5% higher successful USD worth astatine $54.98 per DOT. Lastly, the twelfth largest crypto plus by marketplace valuation, shiba inu (SHIB) is swapping for $0.00001094 to $0.00001122 per unit. SHIB has mislaid astir 87.1% successful worth against the U.S. dollar aft it was trading for $0.00008616 connected October 28, 2021.
What bash you deliberation astir the apical 12 crypto plus marketplace caps and however overmuch they person mislaid since their all-time terms highs? Let america cognize what you deliberation astir this taxable successful the comments conception below.
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