10 Metrics Where Bitcoin Has Already Hit New All-Time Highs

While we haven’t achieved the elusive $20,000 spot price all-time high yet, these other metrics show where bitcoin has grown far beyond previous peaks.

By Nathaniel WhittemoreCoinDesk Insights
Nov 20, 2020 at 8:00 p.m. UTCUpdated Sep 14, 2021 at 10:33 a.m. UTC
By Nathaniel WhittemoreCoinDesk Insights
Nov 20, 2020 at 8:00 p.m. UTCUpdated Sep 14, 2021 at 10:33 a.m. UTC

While we haven’t achieved the elusive $20,000 spot price all-time high yet, these other metrics show where bitcoin has grown far beyond previous peaks.

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This episode is sponsored by Crypto.com and Nexo.io.

Earlier this week, investor Nic Carter published a piece called “Nine Bitcoin Charts Already at All-Time Highs” showing just how far bitcoin had come and how fundamentally bullish this quiet run-up was. 

In this piece, NLW goes over those metrics that have achieved all-time highs, and adds one more that happened after Nic published his piece. The metrics include:

  • Addresses with a balance of $10 or more
  • Open interest on CME bitcoin futures
  • Realized capitalization 
  • Bitcoin options open interest
  • Bitcoin priced in Turkish lira
  • Bitcoin held by Grayscale
  • Stablecoin free float
  • Silvergate’s settlement network
  • Growth of crypto-native credit
  • Market Capitalization

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