BTC, ETH Down More Than 50% Since Reaching ATHs, Data Shows
- Both BTC and ETH experienced price increases over the last day.
- ETH’s current price means the altcoin is down more than 60% since its ATH.
Data from one of the world’s largest independent cryptocurrency data aggregators CoinGecko reveals that Bitcoin (BTC) and Ethereum (ETH) are both down by more than 50% from their all-time highs (ATH). CoinMarketCap indicates that the crypto market leader is currently trading hands at $27,883.81 after a 0.68% price decrease over the last day. This means that BTC is currently down 59.57% from its ATH of over $69,000 which was reached in November 2021.
Over the last 24 hours, BTC was also able to reach a high of $28,475.62 and a low of $27,276.72. In addition to this, the crypto king weakened against ETH by about 0.87% over the same time period.
The crypto’s weekly performance is still looking rather positive as BTC is up by more than 2% over the last seven days. BTC’s 24-hour trading volume is currently in the green zone and stands at $19,092,485,199 after a more than 40% increase since yesterday.
When it comes to ETH’s current price against its ATH, things are not looking much better. ETH is currently worth about $1,808.77 after a 1.52% price increase over the last 24 hours. This means ETH is down more than 60% since the altcoin reached its ATH in November of 2021.
ETH’s weekly performance is also looking good as the altcoin is up by more than 4% over the last seven days. When it comes to ETH’s 24-hour trading volume, it is currently in the green zone and stands at $9,512,253,452 after a more than 44% increase since yesterday.
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