The All-Time High (ATH) of a cryptocurrency is the highest price point it has ever reached in its trading history, reflecting the maximum value traders have assigned to it.
All Time High (ATH) in Cryptocurrency
When we talk about the All-Time High (ATH), we’re referring to the peak price level that a financial asset has achieved since its introduction to the market. This term is not exclusive to the digital realm; it applies to a broad spectrum of assets, including stocks, bonds, and, of course, cryptocurrencies like Bitcoin and Ethereum.
Understanding Crypto All-Time Highs
- The ATH represents the zenith of an asset’s value over its entire trading history.
- It indicates the highest point traders were willing to pay for the asset.
- Conversely, the All-Time Low (ATL) marks the lowest recorded price.
Bitcoin’s Record Prices
Bitcoin, the first cryptocurrency, has seen several ATHs. Notably, in December 2018, it reached nearly $20,000. Fast forward to 2021, it soared to start the year at just below $30,000. However, the real headline came on November 10, when it hit a staggering $68,000, marking a new ATH.
Ethereum’s Price Milestones
Ethereum, ranking second in market capitalization, also witnessed significant growth. Mirroring Bitcoin’s bull run, Ethereum reached its own ATH of $4,840 on November 10, 2021.
Other Glossary Terms
- Wrapped Bitcoin: A version of Bitcoin that can interact with the Ethereum blockchain’s decentralized applications.
- Metadata: Essential information summarizing a larger data set, providing insight into its nature and context.
- Utility Token: These tokens are integral to decentralized applications, granting access to specific features and contributing to the ecosystem’s economy.