It¡¯s been a year of bloodbath for the crypto market globally. After hitting its highest market cap of $3 trillion in November 2021, 2022 not just washed away the gains of last year but in fact threw millions of crypto investors into neck-deep losses.?
From the Terra Luna collapse to the FTX fiasco, the crypto market has had a tumultuous year, with trillions of dollars lost this year. Even the former CEO of FTX is suspected of having a role in Terra Luna's collapse. The mystery is getting deeper and deeper, and more and more crypto firms are going bankrupt.
Amidst all this, while no crypto investor would want to remember this year, let us have a look back at how the major cryptocurrencies have performed this year (data on Coinmarketcap mentions the top 10 cryptocurrencies with the highest market cap).
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Price-$16,823
Market Cap-$323,656,834,548
Price Change This Year Till Date-Down 60%
Price-$1,210
Market Cap-$148,096,030,556
Price Change This Year Till Date-Down 64%
Price-$1.00
Market Cap-$66,220,675,466
Price Change This Year Till Date-Up 10%
Price-$247
Market Cap-$39,657,578,041
Price Change This Year Till Date-Down 47%
Price-$1.00
Market Cap-$44,606,757,538
Price Change This Year Till Date-Down 0.009%
Price-$1.00
Market Cap-$18,340,930,480
Price Change This Year Till Date-Down 0.079%
Price-$0.3446
Market Cap-$17,352,234,444
Price Change This Year Till Date-Down 55%
Price-$0.07432
Market Cap-$9,846,445,545
Price Change This Year Till Date-Down 52%
Price-$0.2582
Market Cap-$8,909,819,061
Price Change This Year Till Date-Down 79%
Price-$0.79
Market Cap-$6,980,668,137
Price Change This Year Till Date-Down 68%
Overall, amongst the top 10 cryptocurrencies as per market cap, only tether has managed to remain in positive.
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