Trade
Trading Type
Spot
Trade crypto freely
Pre-Market
Trade new tokens before they are officially listed
Margin
Magnify your profit with leverage
Convert & Block Trading
0 Fees
Trade any size with no fees and no slippage
Alpha
Points
Get promising tokens in streamlined on-chain trading
Leveraged Tokens
Get exposure to leveraged positions simply
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Promotions
Activity Center
Join activities and win big cash prizes and exclusive merch
Referral
20 USDT
Earn 40% commission or up to 500 USDT rewards
Announcements
Announcements of new listings, activities, upgrades, etc
Gate Blog
Crypto industry articles
VIP Services
Huge fee discounts
Proof of Reserves
Gate promises 100% proof of reserves
Trending Topics
View More18.73K Popularity
46.67K Popularity
57.57K Popularity
90.06K Popularity
3.87K Popularity
Pin
#Do you think the fall of Bitcoin from ATH is a normal retracement? BTC # # ETH#
How far are major cryptocurrencies close to reaching their all-time high?
Of the 10 altcoins with the highest market cap, ETH is the closest to its all-time high price (ATH).
By Bárbara Distéfano
Key Facts:
Although bitcoin recorded a new ATH this week, the same is not true for all altcoins.
Most major altcoins are more than 50% off their ATHs.
The top 10 altcoins with the highest market capitalization (excluding stablecoins) have been below their all-time high (ATH) prices for more than two years. This shows a stark contrast to the leading digital currency, bitcoin (BTC), which set a new record yesterday of $69,200 (USD). This is shown by data from explorer CoinMarketCap.
At press time, Ethereum's cryptocurrency ether (ETH), which follows bitcoin in capitalization, is at 21% of its ATH recorded more than two years ago. This was around $4,900 in November 2021.
Thus, ETH is currently the altcoin that is closest to its ATH of the 10 with the largest capitalization.
Just the one that follows ETH in capitalization and close to its all-time high is BNB. It is 38% away from its ATH obtained more than three years ago. Such a record was $690 in May 2021.
The rest of the top 10 altcoins with the highest capitalization are more than 50% of their ATHs. Precisely, these are solana (SOL), XRP, cardano (ADA), dogecoin (DOGE), shiba inu (SHIB), avalanche (AVAX), polkadot (DOT) and tron (TRX).