274 days or about 9 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 reached all-time highs in November 2021, and today most of the top crypto assets are down 70% to 90% in value against the US dollar.
Nine of the 12 crypto assets have lost considerable value since last year’s price highs
Almost a year after the world’s top crypto assets hit all-time highs in 2021, a great many digital currencies have lost considerable value. Below is a look at thetop crypto assetsby market capitalization to see how much USD value each coin has lost.
Leading crypto assets by market valuationBitcoin (BTC)is currently between $19,078 and $19,377 per unit over the past 24 hours Bitcoin is currently trading at prices between $19,078 and $19,377 per unit over the past 24 hours. Bitcoin is today down 72.1% in USD value from its all-time high ($69,044 per unit) printed on November 10, 2021.
Ethereum (ETH)ETH, the second-largest cryptocurrency by market capitalization, traded between $1,289 and $1,317 per unit on Sunday. ETHhas lost 73.2% in USD value since hitting an all-time high (ATH) of $4,878 per unit on the same day asBTC
The top 10 crypto asset positions have two stable coins in the third and fourth positions in terms of crypto market cap today, whichwhich includes USDTandUSDC. BNBis the fifth largest crypto asset, with a price range of $279 to $286 perBNBin today’s 24-hour period. bnb. Crypto assetshave lost 58.3% from the crypto ATH that BNBposted on May 10, 2021.
as of last year,BNBwas trading hands at $686 per unit that day. Crypto assetxrp (XRP)did not reach its lifetime price high in 2021 asXRP‘s ATH was recorded on January 7, 2018. XRPtraded at a price of $0.45 to $0.47 per unit on Sunday, down 86.4% from the ATH recorded four years ago.
The seventh position in today’s top 10 crypto market cap is occupied by stablecoin, BUSD, which is trading at $0.45 to $0.47 per unit, down 86.4% from its price recorded four years ago. The eighth ranked crypto asset isCardano (ADA)It trades today at $0.42 to $0.43 per unit. ADAhas lost 86.1% in USD value since September 2, 2021 inADAhas achieved an ATH of $3.09 per unit.
Solana (SOL)traded at $32.31 to $33 per SOL on October 2, 2022, and since its ATH of $259 per coin on November 06, 2021, 11 months ago, SOL has lost 87.4%. The tenth largest crypto asset is the meme coindogecoin (DOGE),which trades at $0.059 to $0.0609 per DOGE, ATH recorded on May 8, 2021, over a year ago when dogecoin traded at $0 It has lost 91.8% since reaching $.731.
The 11th largest crypto assetPolka Dot (DOT)traded between $6.20 and $6.32 per DOT. Almost 11 months ago, on November 4, 2021, DOT was 88.5% higher in USD value, at $54.98 per DOT. Finally, the 12th largest crypto asset by market valuation,Shibai Inu (SHIB), is swapped at $0.00001094 to $0.00001122 per unit; SHIB traded at $0.00008616 on October 28, 2021, and then traded at $0.00008616 on lost approximately 87.1% of its value against the U.S. dollar.
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