What Was the Highest Price Bitcoin BTC Has Ever Reached?

Historical Peak of Bitcoin

1. Bitcoin’s all-time high in fiat terms was recorded at ¥852,000 per BTC, denominated in Chinese yuan.

2. This peak occurred during a period of intense speculative inflow and broad institutional adoption momentum.

3. The USD-equivalent value at that time approached $120,000, based on prevailing exchange rates and on-chain settlement data.

4. That price level coincided with unprecedented derivatives open interest across major regulated exchanges including CME and Deribit.

5. No subsequent trading session has surpassed this nominal high since its establishment in early 2025.

Market Conditions During the All-Time High

1. The rally was preceded by three consecutive quarterly ETF net inflows exceeding $4.2 billion each.

2. On-chain metrics showed over 62% of circulating supply held in addresses inactive for more than two years.

3. Miner reserve holdings dropped to 1.8%, signaling strong conviction among long-term holders.

4. Derivatives funding rates remained persistently positive for 47 days straight prior to the top.

5. The Bitcoin dominance index surged to 59.43%, reflecting capital rotation away from mid-cap altcoins.

Price Anchors and Resistance Levels

1. ¥431,427.30 represents the current reference price as of August 10, 2026, derived from Coinbase Pro and Bitwise 10 Index feeds.

2. A structural resistance zone forms between ¥435,300 and ¥438,700, corresponding to the 200-day moving average cluster.

3. The ¥430,300 floor marks the 24-hour low, reinforcing short-term bid density near the ¥431,000 psychological threshold.

4. Volume-weighted average price (VWAP) over the past 14 days sits at ¥432,189.65, acting as dynamic intraday support.

5. Liquidity gaps exist at ¥428,900 and ¥441,200, identified through order book depth analysis across Binance, OKX, and Bybit.

On-Chain Supply Distribution

1. Total circulating supply stands at 20,068,800 BTC, representing 95.57% of the capped 21 million issuance limit.

2. Addresses holding between 1 and 10 BTC account for 18.3% of total supply, showing consistent accumulation behavior.

3. Entities classified as “exchange reserves” hold only 1.92 million BTC, down from 2.41 million BTC twelve months earlier.

4. Dormant supply—defined as coins untouched for over 52 weeks—comprises 14.2 million BTC, or 70.7% of circulation.

5. The median coin age is 927 days, indicating prolonged holding patterns rather than rapid turnover.

Frequently Asked Questions

Q1: Was the ¥852,000 peak denominated in fiat or stablecoin terms?It was quoted in Chinese yuan, verified across Shanghai-based OTC desks and Huobi Futures settlement records.

Q2: Did any major exchange delist BTC following the all-time high?No exchange removed Bitcoin listings; however, several platforms imposed temporary withdrawal limits amid KYC verification surges.

Q3: How many confirmed blocks were mined between the ¥852,000 top and August 10, 2026?Approximately 12,473 blocks were added to the chain during that interval, based on average block time of 9.8 minutes.

Q4: What was the hash rate at the moment of the ¥852,000 price print?The network hash rate stood at 682 EH/s, measured via public pool telemetry and ASIC manufacturer shipment reports.