The phrase "All-Time High" refers to the highest price an asset has ever traded for for the currently mentioned trading pair on an exchange. For instance, we could state that the "All-Time High" for the share price of XZY Corp was $20 if a share of stock in the company went public at $5 per share, then traded as high as $20 per share before dropping to $10 in a given amount of time. Many cryptocurrencies hit new All-Time High records during the bull run of late 2017, with Bitcoin becoming the first to do so in mid-December. A distinct Bitcoin ATH value can be found on each cryptocurrency exchange. Although each coin was trading beyond the $20,000 barrier in various places, many people believe that the all-time high for Bitcoin was about $19,665. On November 30, 2020, multiple exchanges saw Bitcoin surpass its prior ATH. The 19,798.68 USDT previous ATH for the BTC/USDT pair on Binance was broken at approximately 15:00 UTC. With this development, Bitcoin's price discovery process entered a new stage. The ATH value indicates the potential maximum price at which an item could have been sold, as well as the highest price at which another trader would have been willing to purchase that asset during that time. The ATH might have been obtained through the trade of a portion of an asset rather than a whole coin or token, given the fractional structure of the majority of digital assets. For instance, a trader would buy 0.1BTC for $5,000 at the peak of a bull run, shortly before a significant decline. Even though only 0.1 BTC ever traded at that amount, this would give Bitcoin a new all-time high at a price of $50,000 per unit of BTC. Market capitalization (market cap) figures can also be compared to the idea of an All-Time High. Early in January 2018, a few weeks after Bitcoin's all-time high, the market capitalization of the whole cryptocurrency industry surpassed $661.2 billion. The term "All Time Low" (ATL), which is used to describe the lowest price at which an asset has ever traded, is the reverse of "All Time High" and is normally only recorded once an asset is listed and starts trading on an exchange.