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.
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 moreOpen interest on CME bitcoin futuresRealized capitalization Bitcoin options open interestBitcoin priced in Turkish liraBitcoin held by GrayscaleStablecoin free floatSilvergate’s settlement networkGrowth of crypto-native creditMarket CapitalizationSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.