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BTC, ETH Down More Than 50% Since Reaching ATHs, Data Shows

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  • Bitcoin and Ethereum are both down by more than 50% from their all-time highs.
  • 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.

BTC price since ATH (Source: CoinGecko)

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 price since ATH (Source: CoinGecko)

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.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post BTC, ETH Down More Than 50% Since Reaching ATHs, Data Shows appeared first on Coin Edition.

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