High of all times cryptocurrencies: Road across the peaks and valleys
There is a special place in the cryptomena world for those who have experienced the excitement of achieving historical maximum. For many investors and enthusiasts, the concept of ATH is more than just a milestone characteristic of the CTI that signals the investment strategy or successful bargaining.
From Bitcoin to Ethereum and Litecoin to Polkadot, each cryptocurrency has its own way to achieve the maximums of all time. In this article, we will make a way across the peaks and valleys of the main cryptocurrency to watch our high experience of all time.
First days: 2011-2013
In the first days of bitcoin, few investors were aware of a significant increase in prices. However, as the network grew in popularity and the number of users has increased, the same happened with the demand for cryptomena. This created a cycle of self-reformation, where more users led to greater mining power, which in turn increased the price.
A remarkable example is the highest time of bitcoin, from $ 31,881 on November 10, 2017, during the event in the middle that reduced the reward of the 50 BTC block to 12.5 BTC per block. This increase in the offer reduced the overall offer and helped to increase the price.
rise altcoin: 2014-2016
When Bitcoin became more established, other cryptocurrencies such as Ethereum, Litecoin and Moneto began to stand out. These new coins were often called “Altcoins” or “alternative cryptocurrencies”, and many investors believed that they would eventually exceed the price of bitcoins.
In the case of Ethereum, his historical release of $ 1,411 10 April 2017 was an important milestone for this platform. At that time, Ethereum faced the intense competition of other Altcoin, such as EOS, TRON and BINANCE COIN. However, the strong reasons and resources of Ethereum have helped maintain the position of one of the main cryptocurrencies.
Market volatility: 2017-2018
At the beginning of 2017, cryptocurrency prices recorded considerable volatility due to a combination of factors including:
1.
- Market feeling : Stronged drop in prices of large cryptocurrencies, such as Bitcoin and Ethereum, led to an increase in investor confidence that the market was caused by repair.
- Global economic concerns : Economic instability, commercial tension and inflationary pressures contributed to slowing down the global markets.
As a result, many altcoin suffered a significant increase in prices during this period, including some that would eventually achieve their maximums of all time.
Bitcoin Boom: 2017-2020
After the maximum of Ethereum, several other cryptocurrencies began to stand out. Some remarkable examples include:
1.
- Monero : Bitcoin Cash (BCH) was introduced in August 2017 and 13 November 2017 a maximum of $ 17,625 meant a significant milestone for this project.
3.
Current market: 2020-Primed
Quick progress for today and the cryptomena scenario has undergone significant changes. Pandemic and subsequent economic crisis COVID-19 led to a decline in global markets and a reduction in investors’ confidence.
However, some cryptocurrencies, such as Ethereum and Bitcoin, continue to experience prices, although slower than in 2017 and 2018.