Bitcoin (BTC) Taps a New ATH But It’s Not What You Think

While the USD valuation of bitcoin is far from its all-time high (ATH) levels registered in November 2021, the primary cryptocurrency reached a peak in terms of percent supply last active over three years ago. 

As revealed by Glassnode, the figure has recently surged above 40%. The percentage has been on the rise since the prolonged bear market began at the start of 2022.