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At 3:40 p.m. EDT on Friday, bitcoin (BTC) was priced at $91,046, reflecting a 2.4% dip from its all-time high (ATH). Here’s a breakdown of the remaining top ten cryptocurrencies and their current standing compared to their previous ATHs.
Bitcoin Inches Toward the ATH Reached 2 Days Ago, While Altcoins Struggle Below Previous Peaks
At the time of writing, the total value of the crypto economy stands at $2.96 trillion, following a slight dip in the past day. Bitcoin (BTC) hovers at $91,046, just 2.4% shy of its all-time high (ATH). Meanwhile, ethereum (ETH), the second-largest cryptocurrency, is valued at $3,058 per coin, sitting 37.5% below its ATH of $4,878.
Solana (SOL), priced at $213, has a shorter climb ahead—just 18.1%—to reach the $259 peak it hit on Nov. 6, 2021. Binance coin (BNB) trades at $615, leaving it 14.4% beneath its ATH of $717. On the meme coin front, dogecoin (DOGE) has been making strides but still has a 49.7% jump needed to reclaim its $0.731 high from May 8, 2021. XRP, trading at $0.894, edges closer to the $1 mark, but it would need a 73.6% boost to revisit its $3.40 ATH from Jan. 7, 2018.
Cardano (ADA) shows some life, up nearly 20% from yesterday and now at $0.675 per unit. However, it faces a steep climb of 78.2% to return to its ATH of $3.09. Tron (TRX), currently at $0.188, is a bit closer to its previous high, needing an 18.8% increase to hit $0.231, a peak it achieved seven years ago. Shiba inu (SHIB), the other popular meme coin, trades at $0.00002432, which places it 71.8% below its ATH of $0.00008616.
Lastly, toncoin (TON), the tenth-largest crypto excluding stablecoins, is priced at $5.37. TON still has a 35.2% gap to close before reaching its ATH of $8.25, recorded on June 15, 2024. The varying trajectories of these top cryptocurrencies at year’s end highlight the market’s mix of promising recoveries and ongoing struggles. Moreover, while bitcoin hit its ATH just two days ago, the rest of the pack hasn’t seen their peak prices in years.