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 | 78% | 33 | $62 454.95 | -1.43% | -1.93% | $1 234 400 470 283 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 79.6% | 43 | $2 427.77 | -2.24% | -7.93% | $292 253 244 251 | ||
3 | USDT | Tether predictions | 95.6% | 1 | $0.999722 | -0.01% | 0.01% | $119 823 961 775 | ||
4 | BNB | Binance Coin predictions | 78.8% | 35 | $564.29 | -1.59% | -2.62% | $82 348 610 201 | ||
5 | SOL | Solana predictions | 75.2% | 45 | $143.43 | -3.63% | -7.68% | $67 308 122 110 | ||
6 | USDC | USD Coin predictions | 92.8% | 1 | $0.999957 | 0% | 0% | $35 319 753 958 | ||
7 | XRP | XRP predictions | 77.6% | 43 | $0.529988 | -1.90% | -14.69% | $29 978 288 460 | ||
8 | DOGE | Dogecoin predictions | 78.4% | 32 | $0.107825 | -5.11% | -8.48% | $15 772 295 954 | ||
9 | TRX | TRON predictions | 96% | 1 | $0.155916 | 1.20% | -0.39% | $13 498 686 374 | ||
10 | TON | Toncoin predictions | 80.4% | 30 | $5.17 | -3.07% | -10.67% | $13 111 256 672 | ||
11 | ADA | Cardano predictions | 80.4% | 38 | $0.351628 | -3.17% | -7.87% | $12 293 301 283 | ||
12 | AVAX | Avalanche predictions | 67.6% | 60 | $26.52 | -2.92% | -6.51% | $10 780 122 601 | ||
13 | STETH | Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
14 | WTRX | Wrapped TRON predictions | 92.4% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 | ||
15 | SHIB | SHIBA INU predictions | 56.8% | 94 | $0.000017 | -6.05% | -6.13% | $10 168 882 764 |
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