Ether (ETH) returned to $500 for the first time in more than two years on Nov. 20 as altcoins slowly staged a comeback from poor performance. Data from Cointelegraph Markets, Coin360 and TradingView showed ETH/USD briefly hitting the psychologically significant barrier in Friday trading before a rejection halted progress.
Despite being capped at roughly 6% daily gains at press time, Ether’s achievement delighted traders, who noted that overall in 2020, the largest altcoin has outperformed even Bitcoin (BTC). Year-to-date returns stand at 284% for Ether and 155% for Bitcoin.
Versus the pit of its price lows in mid March, just after the coronavirus-induced cross-asset crash, Bitcoin was still the strongest player. At the time, ETH/USD traded at just $117, making Friday’s levels an increase of 327%, while BTC/USD gained 411% from $3,600 to $18,420.
Alongside the $500 visit — Ether’s first since June 2018 — other major altcoins also showed signs of life, notably Litecoin (LTC), which with 12% gains outperformed Bitcoin on the day, and is the only major altcoin to outperform BTC in the past month — by 7%.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 76.8% | 42 | $69 980.05 | -0.89% | 6.26% | $1 376 321 554 485 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 76% | 50 | $3 542.04 | -1.00% | 1.71% | $425 295 504 407 | ||
3 | USDT | Tether predictions | 95.6% | 1 | $1.000055 | 0.05% | -0.02% | $104 510 072 326 | ||
4 | BNB | Binance Coin predictions | 60% | 80 | $608.95 | 3.26% | 5.16% | $91 059 509 830 | ||
5 | SOL | Solana predictions | 61.6% | 88 | $186.01 | -1.00% | 4.93% | $82 665 453 798 | ||
6 | XRP | XRP predictions | 82.4% | 28 | $0.614771 | -1.43% | -2.36% | $33 741 219 924 | ||
7 | USDC | USD Coin predictions | 94% | 2 | $0.999937 | -0.01% | -0.03% | $32 488 081 465 | ||
8 | DOGE | Dogecoin predictions | 70% | 66 | $0.213182 | 5.48% | 32.70% | $30 626 599 420 | ||
9 | ADA | Cardano predictions | 68.8% | 66 | $0.641810 | -1.67% | 0.99% | $22 838 195 969 | ||
10 | AVAX | Avalanche predictions | 59.6% | 87 | $53.74 | -2.07% | -3.75% | $20 280 952 532 | ||
11 | SHIB | SHIBA INU predictions | 56.8% | 94 | $0.000031 | -1.88% | 11.16% | $18 162 954 310 | ||
12 | TON | Toncoin predictions | 61.6% | 87 | $4.88 | -1.70% | 10.03% | $16 923 658 045 | ||
13 | DOT | Polkadot predictions | 75.2% | 49 | $9.47 | -1.58% | 2.49% | $13 511 836 957 | ||
14 | BCH | Bitcoin Cash predictions | 68% | 58 | $581.80 | 2.03% | 42.09% | $11 451 168 386 | ||
15 | LINK | Chainlink predictions | 78% | 42 | $18.91 | -2.89% | 3.64% | $11 099 137 470 |
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