Cryptocurrency has created a place of its own in the world of finance. Coins such as Bitcoin (BTC) and Ethereum (ETH) had experienced unprecedented growth in the past year. Reaching new all-time highs (ATH) in November 2021, these coins have drawn the attention of investors everywhere. However, recent data from one of the world’s largest independent cryptocurrency data aggregators CoinGecko indicates that both coins have declined by over 50% from their ATHs.

At the time of writing, Bitcoin (BTC) is trading hands at $27,883.81, down 59.57% from its ATH of $69,000 which was reached in November 2021. The crypto king has seen a slight increase in the past 24 hours, with a high of $28,475.62 and a low of $27,276.72. BTC’s 24-hour trading volume is at $19,092,485,199 — an increase of more than 40% since yesterday. The coin’s weekly performance is also looking positive, as BTC is up by over 2%.

Likewise, Ethereum (ETH) has seen a decline of more than 60% since its ATH, with current prices of $1,808.77. However, the altcoin has seen an overall increase of 4% since the same time last week. Its 24-hour trading volume is currently in the green zone and stands at $9,512,253,452, after a jump of more than 44%.

Despite their sharp drops from ATH, both coins remain extremely popular among crypto investors. These coins, along with the remarkable increase of their prices, have led the revolution of cryptocurrencies in the global finance market. Nevertheless, investing in crypto comes with its own set of risks that should be weighed carefully.



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