logo
search
Published on Oct 27, 2021

All-Time-High

Content
#Glossary
icon-alt1 Min

The term "all-time high" (abbreviated as "ATH") refers to an asset's highest price ever. For decades, this word has been used to refer to stocks in conventional financial markets. The definition of ATH in cryptocurrency is a cryptocurrency's all-time high. Prices will differ between exchanges, but a weighted average of the exchanges is determined to produce the stated price. Due to the number of deals, the ATH may not be the highest single trade price, but rather the highest daily average, or a price sample on the day of the ATH.

As the largest cryptocurrency, Bitcoin's ATH garners the most attention in the crypto industry and beyond. Bitcoin's all-time high was attained during the 2017 crypto bull run, when it mooned and peaked at near to $20,000 on December 18 of that year. Many cryptocurrency ATHs were hit at this time, including Ether (ETH), Litecoin (LTC), and XRP. It took nearly three years for the Bitcoin ATH to be surpassed. On November 30, 2020, this occurred.

When an asset reaches its ATH, it is due to several variables, the most important of which are supply and demand. That someone somewhere is willing to pay that much for the asset. Many long-term investors, or holders, will consider an asset's potential to reach ATHs in the following years when assessing its feasibility as a long-term investment.


Share this blog on
social-altsocial-altsocial-altsocial-altsocial-alt

Subscribe to our Newsletter

Get the best updates from the Web3 ecosystem & The Dapp List in your inbox every week 👇

newsletter-img