BTC Leads Other Top Cryptos in Relative Pullback From Yearly High

CryptoDiffer, a crypto analytics platform, has released a price-variation list for the top 10 cryptocurrencies in 2023. The analytics platform shared the result of its analysis on X, showing that among the top 10 coins, BNB Chain (BNB), with a deficit of 34.52%, has fallen the lowest from its yearly high in 2023.

The information provided by CryptoDiffer summarizes how the top cryptocurrencies have performed this year. It enables crypto users to quickly assess how the listed cryptocurrencies have fared in the past 11 months.

Considering their current prices and the deviation from the yearly high, Bitcoin qualifies as the best performer this year. The flagship cryptocurrency registered a low of $16,492, rallied to $38,718, and traded for $38,620 during CryptoDiffer’s report. The pullback from the yearly high reflected a 0.25% deficit, the least among the top 10 cryptocurrencies, according to CryptoDiffer.

Ethereum, the second largest cryptocurrency by market capitalization, had a drawdown of 1.54%, according to CryptoDiffer’s report. That makes it the second-best performer after Bitcoin. The flagship altcoin’s lowest price in the last 11 months was $1,192 before rising to $2,136. During the compilation of the report, Ethereum had retraced to $2,103.

Apart from Bitcoin, Ethereum, and BNB, all the other top 10 cryptocurrencies traded below their yearly highs by varying margins. For instance, Ripple (XRP), one of the most-embattled cryptocurrencies among the lot, registered a 30.07% deficit from its yearly high, while Solana (SOL), which recently embarked on a remarkable rally, was 9.69% off its yearly high of $68.11.

Other cryptos making up the top 10 list include Cardano (ADA), Dogecoin (DOGE), Tron (TRX), Toncoin (TON), and Chainlink (LINK).