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

Author
CoinDesk
Published
Fri 20 Nov 2020
Episode Link
https://www.coindesk.com/metrics-bitcoin-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.
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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