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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.

Updated Sep 14, 2021, 10:33 a.m. Published Nov 20, 2020, 8:00 p.m.
Breakdown 11.20 nic carter bitcoin ATH post

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

See also: Vijay Boyapati’s Four Mental Models for Valuing Bitcoin

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

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