{"id":30827,"date":"2022-10-02T23:01:08","date_gmt":"2022-10-02T23:01:08","guid":{"rendered":"https:\/\/egrowonline.com\/?p=30827"},"modified":"2022-10-02T23:01:08","modified_gmt":"2022-10-02T23:01:08","slug":"9-out-of-the-top-12-crypto-assets-are-down-70-to-90-lower-than-the-all-time-highs-recorded-last-year-markets-and-prices-bitcoin-news","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=30827","title":{"rendered":"9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year \u2013 Markets and Prices Bitcoin News"},"content":{"rendered":"


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274 days or roughly nine months ago, the crypto economy was worth $2.34 trillion and at $967 billion the aggregate value of all 13,192 crypto assets is $1.48 trillion less. Most of the top digital currencies tapped an all-time price high in November 2021 and today, a great majority of the top crypto assets are down between 70% to 90% in value against the U.S. dollar.<\/strong><\/p>\n

9 Out of 12 Crypto Assets Have Lost Significant Value Since Last Year\u2019s Price Highs<\/h2>\n

It\u2019s almost a year later since the world\u2019s top crypto assets tapped all-time highs in 2021, and a great number of digital currencies have lost considerable value. The following is a look at the top crypto assets<\/a> by market capitalization, in order to see how much USD value each coin has lost.<\/p>\n

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BTC<\/a>\/USD on October 2, 2022.<\/figcaption><\/figure>\n

The leading crypto asset by market valuation bitcoin (BTC)<\/a> is currently trading for prices between $19,078 to $19,377 per unit during the last 24 hours. Bitcoin is down today, 72.1% lower in USD value than the all-time high ($69,044 per unit) printed on November 10, 2021.<\/p>\n

Ethereum (ETH)<\/a>, the second-largest crypto coin by market cap, is trading at prices between $1,289 to $1,317 per unit on Sunday. ETH<\/a> has lost 73.2% in USD value since reaching an all-time high (ATH) of $4,878 per unit on the same day as BTC<\/a>\u2019s ATH.<\/p>\n

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ETH<\/a>\/USD on October 2, 2022.<\/figcaption><\/figure>\n

The top ten crypto asset positions have two stablecoins in the third and fourth positions in terms of today\u2019s crypto market caps, which include USDT<\/a> and USDC<\/a>. BNB<\/a> is the fifth largest crypto asset and today\u2019s 24-hour price range has been between $279 to $286 per BNB<\/a>. The crypto asset BNB<\/a> has lost 58.3% from the crypto\u2019s ATH posted on May 10, 2021.<\/p>\n

At the time last year, BNB<\/a> was exchanging hands for $686 per unit that day. The crypto asset xrp (XRP)<\/a> did not reach a lifetime price high in 2021, as XRP<\/a>\u2019s ATH was recorded on January 7, 2018. XRP<\/a> has been trading for prices between $0.45 to $0.47 per unit on Sunday, and the price is down 86.4% lower than the ATH recorded four years ago.<\/p>\n

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SOL\/USD on October 2, 2022.<\/figcaption><\/figure>\n

The seventh position in the top ten crypto market caps today is occupied by the stablecoin BUSD<\/a>. The eighth largest crypto asset is cardano (ADA)<\/a>, which is exchanging hands today for $0.42 to $0.43 per unit. ADA<\/a> has lost 86.1% in USD value since September 2, 2021, back when ADA<\/a> reached an ATH of $3.09 per unit.<\/p>\n

Solana (SOL)<\/a> is trading for $32.31 to $33 per SOL on October 2, 2022, and since the $259 per coin ATH on November 06, 2021, 11 months ago, SOL is down 87.4%. The tenth largest crypto asset is the meme coin dogecoin (DOGE),<\/a> which has traded for $0.059 to $0.0609 per unit. DOGE has lost 91.8% since the ATH recorded on May 8, 2021, when dogecoin reached $0.731 per DOGE over a year ago.<\/p>\n

The eleventh largest crypto asset polkadot (DOT)<\/a> is trading for $6.20 to $6.32 per DOT. Roughly 11 months ago on November 4, 2021, DOT was 88.5% higher in USD value at $54.98 per DOT. Lastly, the twelfth largest crypto asset by market valuation, shiba inu (SHIB)<\/a> is swapping for $0.00001094 to $0.00001122 per unit. SHIB has lost around 87.1% in value against the U.S. dollar after it was trading for $0.00008616 on October 28, 2021.<\/p>\n

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\nTags in this story
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all-time highs<\/a>, ATH<\/a>, Bitcoin (BTC)<\/a>, bnb<\/a>, BUSD<\/a>, cardano (ADA)<\/a>, crypto assets<\/a>, Dogecoin (DOGE)<\/a>, Ethereum (ETH)<\/a>, Last Year<\/a>, Market Valuations<\/a>, Markets<\/a>, November 2021<\/a>, polkadot (DOT)<\/a>, Price ATHs<\/a>, Prices<\/a>, shiba inu (SHIB)<\/a>, Solana (SOL)<\/a>, U.S. dollar prices<\/a>, USDC<\/a>, USDT<\/a>, XRP<\/a><\/div>\n<\/div>\n

What do you think about the top 12 crypto asset market caps and how much they have lost since their all-time price highs? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n

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\nJamie Redman <\/h6>\n

\nJamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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