Nov 17, · Bitcoin has risen by more than 8% over the week and looks highly bullish, however many analysts have warned of a possible correction in the coming weeks. The current surge in bitcoin’s price has also pushed its market cap over $ billion only $20 billion short of its all-time high of $ billion. Dec 04, · Bitcoin ATH Fueled by Institutional Activity Bitcoin continues to outperform traditional markets. On Dec. 1, it reached a new all-time high of over $19, based on data from most exchanges. The current Bitcoin price is $21, with a hour trading volume of $B. BTC price is up % in the last 24 hours. Bitcoin all-time high is $22, This ATH was reached on Dec 17, Bitcoin price needs to rise % to reach a new all-time-high.
Bitcoin ath market capATH price and market capitalisation of cryptocurrencies | AthCoinIndex
Search for:. Price Analysis. ICO Review. Submit ICO Review. Editor's Pick. Source: TradingView was slated to be the year of bitcoin because the king coin post its ATH experienced a year-long crypto winter in and consolidated throughout Share on Facebook.
Share on Twitter. Share on Linkedin. Share on Telegram. This is now nearly twice the minimum threshold that had been set for the launch of phase 0 of ETH 2. Given the magnitude of the inflows of ether into the deposit address, liquidity had to decrease elsewhere. In this case, DeFi protocols have seen a significant reduction in the total amount of ETH locked in their smart contracts.
Throughout the last month, the total amount of Ether supply locked in DeFi protocols has decreased by approximately 2 million. This trend accelerated after the ending of UNI liquidity mining rewards in Uniswap. While a large portion of the Ether withdrawn from this indicator ended up in the deposit contract, it is likely that some also ended up in smaller, newer DeFi protocols not accounted for in the metric. This seems to be the most likely scenario as centralized exchange inflows for ether remained stable throughout the month.
Along with the positivity from reaching this milestone, Ethereum is also showcasing strong growth in on-chain metrics. For instance, the total number of daily active addresses DAAs on a given day reached a new three-year high on Nov.
This points to ether currently being priced at a discount relative to daily activity on its blockchain.
While this is certainly not the only factor to consider when attempting to value Ethereum, the growth in DAAs does point to its increasing utility. Similarly, the number of ether holders has grown consistently, approaching the 50 million landmark. Overall, the launch of the Beacon Chain marks the beginning of a new era for Ethereum. As its active developer community works on implementing scalability solutions, on-chain indicators point to growing activity and optimism for the second largest crypto-asset.
CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
This site uses Akismet to reduce spam. Learn how your comment data is processed. Powered by.