Down From the Peaks: A Look at How Far Crypto Assets Have Slid From Their All-Time Highs

Digital currencies had a phenomenal year, and a large woody of the crypto assets successful beingness reached all-time precocious (ATH) prices against the world’s fiat currencies. However, the aforesaid integer currencies that tapped ATHs past twelvemonth are presently down a large woody successful value, arsenic galore cryptocurrencies person mislaid 30% oregon much since 2021’s terms highs.

Crypto Values Are Lower Than Last Year’s Price Highs

2021 was a bully twelvemonth for crypto assets arsenic galore blockchain networks swelled successful fiat worth arsenic billions upon billions were added to the alternate integer economy. Bitcoin (BTC) broke its erstwhile ATH recorded successful December 2017 astatine the extremity of 2020, erstwhile it surpassed the $20K per portion zone.

BTC’s terms continued to emergence higher into 2021 and eventually, it tapped a precocious of $64K per unit. Furthermore, connected November 10, 2021, the terms of bitcoin jumped to the $69K portion but contiguous the terms is 39% lower.

Bitcoin (BTC) illustration connected January 11, 2022. Percentages down from the crypto ATHs that are written successful this nonfiction were recorded astatine 8:30 a.m. (EST) connected Tuesday morning. The terms of bitcoin contiguous is 39% little than it was connected November 10, 2021.

A myriad of crypto assets contiguous are successful the aforesaid vessel arsenic BTC, arsenic they reached ATHs astatine immoderate constituent past year, but person since shed astatine slightest 30% oregon much successful fiat value. Ethereum’s (ETH) worth skyrocketed to an ATH sixty days agone touching $4,847 but has since mislaid 35.46%.

Binance coin (BNB) deed an ATH past twelvemonth but it was 8 months agone and today, it’s 34% down from the $689.92 per coin terms it erstwhile held. Two months ago, solana (SOL) reached a precocious of $258.93 per coin, and contiguous SOL is little than that terms by 47%.

Different Percentage Losses, Time Frames, and Crypto Tokens That Staved Off the Losses

Most of the starring crypto assets, successful presumption of marketplace capitalization, person a wide array of differing percent losses since their 2021 ATHs. Cardano (ADA), for instance, is down 62.78% since touching $3.10 per coin 4 months ago.

Other crypto assets person either shorter clip frames oregon overmuch longer clip frames since their ATHs. Xrp (XRP) for example, is 1 of the lone apical 10 leaders that did not deed an ATH past year. The integer currency xrp touched its ATH 4 years agone erstwhile it reached $3.30 per coin.

Polkadot (DOT) touched its all-time precocious 2 months agone erstwhile it reached $54.98 per coin and today, it is down 55.9%. Meanwhile, Terra’s (LUNA) ATH is overmuch person arsenic LUNA tapped its ATH 16 days agone erstwhile it deed $102.63 per unit. LUNA is down 29.51% from the crypto asset’s ATH.

Plenty of crypto assets beneath the apical 10 are down significantly, but a fewer person managed to stay high. Near protocol (NEAR) is lone down 6.96% arsenic it reached an ATH of $17.52 per portion 7 days ago. Furthermore, the crypto plus issued by Bitfinex, Unus Sed Leo (LEO) is lone down 9.75% from 8 months ago.

What bash you deliberation astir the crypto assets successful the apical 10 and however acold down they are from their all-time terms highs?

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