Investing.com UK - Financial Markets Worldwide
💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Cryptocurrencies Down The Most From All Time Highs, And No, It's Not DOGE Or SHIB

Published 19/06/2022, 21:29
© Reuters. Cryptocurrencies Down The Most From All Time Highs, And No, It's Not DOGE Or SHIB

The recent plunge experienced in the cryptocurrency market has caused billions of dollars to flow out of the sector. As a result, the majority of cryptocurrencies are at a fraction of their values at all-time highs.

As revealed by Business Insider, 72 of the top cryptocurrencies are currently over 90% below their all-time highs.

Of these cryptocurrencies, according to Coin Gecko, the top 5 tokens, out of the top 100 cryptocurrencies, down the most from their all-time highs are:

Firstly, Flow (CRYPTO: FLOW) rests 97.07% below its all-time high. It is currently trading at $1.35 with a market capitalization of $1.4 billion.

Following Flow, Bitcoin Cash (CRYPTO: BCH) sits 97.24% below its all-time high, currently trading at $120.31.

Following Bitcoin Cash, Filecoin (CRYPTO: FIL) sits 97.72% below its all-time high, currently trading at $5.37 with a market capitalization of $1.2 billion.

Also Read: Elon Musk Does It Again! Endorses Dogecoin, Says He'll Keep Buying The Meme Coin

Next, Zcash (CRYPTO: ZEC) is down 98.87% from its all-time, currently trading at $67.19 with a market capitalization of $984 million.

Finally, Internet Computer (CRYPTO: ICP) sits 99.28% under its all-time high, currently trading at $5.41 with a market capitalization of $1.3 billion.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.