72 of the Top 100 Cryptos Remain Over 50% Below Peak Prices, Says Galaxy Research

A new Galaxy research has observed that 72 out of the top 100 cryptocurrencies are down over 50% from their all-time high ￰0￱ research revealed that many mid- and lower-cap altcoins, such as Filecoin (FIL) , The Graph (GRT) , Tezos (XTZ) , and Polkadot (DOT), are still down between 80% and 95% from their record highs, as many fail to live up to the hype from the high FDV launches during the 2021 bull ￰1￱ the midst of extended losses, a handful of large-cap assets, including Bitcoin (BTC) , Ethereum (ETH) , Binance Coin (BNB) , and LEO Token , are within 30% or less of their previous peaks. 72 of the top 100 cryptos by market cap are -50% or more from their prior all-time highs ￰2￱ — Galaxy Research (@glxyresearch) November 5, 2025 Bitcoin and ETH Within 30% of ATH While XRP Surges 327% YTD Although most losses from large-cap assets arise from the recent liquidation , with Galaxy estimating that the singular event accounted for over 50% of total ￰3￱ showing relative strength amongst the large caps is XRP, which sits 40% below its all-time high and is amongst the few cryptos that have posted new highs this bull run, up over 327% year-to-date .

However, the research shows that despite rising institutional participation from ETFs and the Trump administration’s crypto-friendly policies , most of the crypto assets have yet to recover even half of their lost ￰4￱ Maeda, founder of HFA Research, shared a chart detailing how the crypto market would move from here as it tries to recover and attempt new highs towards the end of ￰5￱ illustration shows that there’d be a K-shaped recovery where only top cryptos like Bitcoin and others with buyback mechanisms and recurring revenue generation models would survive going forward.) November 5, 2025 Peter Thiel Says He’s Not Sure If Bitcoin Goes Up Much From Here Investors are also getting cautious with the sideways performance and volatility of even established blue-chip ￰6￱ investor and tech entrepreneur Peter Thiel believes that Bitcoin doesn’t have much upside left because it has been co-opted by institutions like BlackRock and the government, and is no longer ￰7￱ asked at the Aspen Ideas Festival in Colorado about his Bitcoin holdings, Thiel responded: This is a pretty crazy video of Thiel talking about how Bitcoin has been co-opted by Blackrock and the government (in his view) "There’s the question of the ideological founding vision of Bitcoin and these cryptocurrencies as a cypherpunk, crypto-anarchist, libertarian,… ￰8￱ — mert | ￰9￱ (@0xMert_) November 2, 2025 “Have I sold any of my Bitcoin?

I still hold some. I didn’t buy as much as I should have. I’m not sure it’s going to go up that dramatically from ￰10￱ got the ETF addition, and I don’t know who else buys it quickly from here.” He added that he still has a small position and believes it probably can still go up, but it’s going to be a volatile, bumpy ride.