9 of the top 12 crypto assets are down 70-90% from historical highs last year

Most of the major digital currencies hit record high prices in November 2021 and today a large majority of the major crypto assets have lost between 70% and 90% of their value against the dollar.

9 of the 12 crypto assets have lost significant value since last year’s highs.

It’s been nearly a year since the world’s major crypto assets hit all-time highs in 2021, and many of the digital currencies have lost considerable value.

The top crypto asset in terms of market valuation bitcoin is currently trading at prices between $19,078 and $19,377 per unit over the past 24 hours. Bitcoin is down today, 72.1% lower in value than the all-time high ($69,044) on November 10, 2021.

Ethereum (ETH), the second-largest crypto-currency by market capitalization, is trading at prices between $1,289 and $1,317 per unit on Sunday. ETH has lost 73.2 percent of its value since hitting an all-time high (ATH) of $4,878 on the same day as BTC.

The top ten crypto asset positions have two stable currencies in the third and fourth positions in terms of capitalization of the current crypto market, namely USDT and USDC, BNB is the fifth largest crypto asset and its 24-hour price range is between $279 and $286 per unit. The crypto asset BNB lost 58.3% from its ATH on May 10, 2021.

Last year, BNB was trading at $686 per unit on this day. The crypto asset xrp (XRP) did not reach its highest price in 2021. Its ATH was recorded on January 7, 2018. XRP traded at prices between $0.45 and $0.47 per unit on Sunday, and the price is 86.4% lower than the ATH recorded four years ago.

The seventh position in the top 10 crypto-currency market capitalizations is occupied today by the stablecoin BUSD. The eighth largest crypto asset is cardano (ADA)which today trades between $0.42 and $0.43 per unit. ADA has lost 86.1% of its value in USD since September 2, 2021when ADA reached an ATH of $3.09 per unit.

Solana (SOL) is trading from $32.31 to $33 per SOL on October 2, 2022, and since ATH of $259 on November 06, 2021, 11 months ago, SOL has lost 87.4. The tenth largest crypto asset is the dogecoin meme (DOGE), which traded between $0.059 and $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.

The eleventh largest crypto asset polkadot (DOT) is trading between $6.20 and $6.32 per DOT. Approximately 11 months ago, on November 4, 2021, DOT was 88.5% higher at $54.98 per DOT. Finally, the twelfth largest crypto asset by market valuation, shiba inu (SHIB) is trading from $0.00001094 to $0.00001122. SHIB has lost about 87.1% of its value after trading at $0.00008616 on October 28, 2021.