The cryptocurrency market has experienced significant highs and lows over time. The total market capitalization reached an all-time high of $3.2 trillion on November 14, 2024, with Bitcoin peaking at $93,480 and Ethereum previously hitting its record of $4,891.70 in November 2021. However, the market has seen downturns, with the market cap falling below $1 trillion in early 2023. Bitcoin dropped to $15,600 in November 2022, and Ethereum hit a low of around $1,000 in June 2022. Prior to the latest peaks, the market cap reached $3 trillion in November 2021, with Bitcoin at $68,000 and Ethereum at $4,300. These trends emphasize the market’s volatility and rapid shifts in valuation over short periods.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.