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.
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This episode is sponsored by Crypto.com and Nexo.io.
Related: MicroStrategy Wants to Be in the Bitcoin Business, Not Just an Investor
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.