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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.

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.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore