The summits of all time of cryptocurrency: a journey through the summits and the valleys

In the world of cryptocurrencies, there is a special place for those who have known the pleasure of hitting a summit of all time. For many investors and enthusiasts, the concept of reaching an ATH (all time) is more than an important step – it is an honor of honor which signals a successful investment or negotiation strategy.

From Bitcoin to Ethereum, and from Litecoin to Polkadot, each cryptocurrency has its own unique path to reach peaks of all time. In this article, we will make a trip through the summits and valleys of the main cryptocurrencies to follow their high experiences of all time.

The first days: 2011-2013

At the start of Bitcoin, few investors were aware of the significant price increase in prices. However, as the network has gained popularity and the number of users has increased, cryptocurrency demand has also increased. This created a self-reproductive cycle where more users have led to more mining power, which increased the price.

A notable example is the top of all bitcoin times of $ 31,881 on November 10, 2017, during the event by half which reduced the award of the 50 BTC block to 12.5 BTC per block. This increase in supply has reduced the overall supply and has helped increase the price.

The Rise of Altcoins: 2014-2016

As Bitcoin is established, other cryptocurrencies like Ethereum, Litecoin and Monero began to present themselves to an importance. These new parts were often called “altcoins” or “alternative cryptocurrencies”, and many investors thought they would eventually exceed the price of Bitcoin.

In the case of Ethereum, its summit of $ 1,411 on April 10, 2017 was an important step for the platform. At the time, Ethereum faced an intense competition from other altcoins such as EOS, Tron and Binance Coin. However, the solid fundamentals and the innovative features of Ethereum helped him maintain his position as one of the best cryptocurrencies.

Market volatility: 2017-2018

At the beginning of 2017, cryptocurrency prices experienced significant volatility due to a combination of factors, including:

• Regulatory uncertainty : The current debate on Bitcoin regulation in various countries has created the uncertainty and fear of investors.

• Senture of the market : A sharp drop in the price of the main cryptocurrencies like Bitcoin and Ethereum led to an increase in investors’ confidence that the market had to be corrected.

• Global economic concerns

  : Economic instability, trade tensions and inflationary pressures have contributed to a slowdown in global markets.

Consequently, many altcoins have increased significant price increases during this period, including some which would end up reaching their heights of all time.

The Bitcoin Boom: 2017-2020

Following the top of all times in Ethereum, several other cryptocurrencies began to gain importance. Some notable examples include:

• Litecoin : $ 163 on May 2, 2017, Litecoin became one of the fastest growth in history.

• Monero : Bitcoin Cash (BCH) was introduced in August 2017, and a Moneo summit of $ 17,625 on November 13, 2017, marked an important step for the project.

• EOS : The EOS network experienced an increase in popularity in 2018, with its summit of $ 15,449 on January 11, 2019.

The current market: 2020-present

Quick advance for today, and the cryptocurrency landscape has undergone significant changes. The economic and subsequent 19 -year -old economic slowdown of the pandemic and economic slowdown has resulted in a drop in world markets and a decrease in investors’ confidence.

However, some cryptocurrencies like Ethereum and Bitcoin continue to feel a price appreciation, although more slowly than during the cutting-edge years of 2017 and 2018.