274 days or about 9 months ago, the crypto economy was worth $2.34 trillion, while the combined value of all 13,192 cryptoassets was $967 billion, a decrease of $1.48 trillion. Most of the top digital currencies hit all-time highs in November 2021, and today, the vast majority of top cryptoassets are down 70% to 90% in value against the U.S. dollar.
9 of 12 cryptoassets have lost value substantially since last year’s price highs
Nearly a year has passed since the world’s top crypto asset hit an all-time high in 2021, and a large number of digital currencies have depreciated.Let’s take a look Top Crypto Assets Mark by market cap to see how much dollar value is lost per coin.
Market-leading crypto assets Bitcoin (BTC) It is currently trading between $19,078 and $19,377 per unit over the past 24 hours. Bitcoin fell today, with the U.S. dollar valued 72.1% below its all-time high of $69,044 per unit set on November 10, 2021.
Ethereum (ETH)The second-largest crypto coin by market cap, traded between $1,289 and $1,317 per unit on Sunday. Ethereum The dollar has lost 73.2% in value since reaching an all-time high (ATH) of $4,878 per unit on the same day BitcoinATH.
In terms of today’s cryptocurrency market capitalization, two stablecoins are in the third and fourth positions in the top 10 crypto-asset positions, including USDT and USD/USD. BNB is the fifth largest crypto asset, with a 24-hour price range today between $279 and $286 BNB. Crypto Assets BNB The cryptocurrency ATH lost 58.3% from the May 10, 2021 release.
At that time last year, BNB It changed hands that day at $686 per unit.Crypto assets Ripple (Ripple) Lifetime price highs not reached in 2021 as RippleThe ATH was recorded on January 7, 2018. Ripple It was trading between $0.45 and $0.47 per unit on Sunday, down 86.4% from the ATH four years ago.
Stablecoins occupy the seventh spot in the top 10 cryptocurrencies by market cap today USD/USD. The eighth largest crypto asset is Cardano (ADA)which changed hands today at $0.42 to $0.43 per unit. ADA Since September 2, 2021, the US dollar has lost 86.1% in value. ADA Up to an ATH of $3.09 per unit.
Sunshine (SUN) On October 2, 2022, SOL was trading at $32.31 to $33 per token, down 87.4% since ATH of $259 per token on November 6, 2021, 11 months ago.The 10th largest crypto asset is meme coins Dogecoin (DOGE), The trading price per unit is $0.059 to $0.0609. DOGE has fallen 91.8% since its ATH record on May 8, 2021, when Dogecoin hit $0.731 per DOGE a year ago.
Eleventh largest crypto asset Polka Dot (DOT) Each DOT trades at $6.20 to $6.32. About 11 months ago on November 4, 2021, the dollar value of DOTs rose 88.5% to $54.98 per DOT. Finally, the twelfth largest cryptoasset by market cap, Shiba Inu (SHIB) Exchange $0.00001094 per unit for $0.00001122. After SHIB traded at $0.00008616 on October 28, 2021, it lost about 87.1% against the US dollar.
What do you think of the top 12 cryptoassets by market cap and how much have they lost since their all-time highs? Let us know what you think about this topic in the comments section below.
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