All-time high (ATH)
The highest price bitcoin has ever reached. As of September 2026, it dates from 6 October 2025: $124,728 (daily close).
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The all-time high (ATH) is the highest price ever paid for bitcoin. When the price exceeds this mark, a new one is set.
The most recent high
As of September 2026, the all-time high dates from 6 October 2025: $124,728 based on daily closing prices, around $126,000 intraday.[1],[2] By the end of June 2026, the price had fallen by more than half, to below $60,000.[2] It currently stands at $85,533.
The exact figure depends on the source: some quote the highest intraday price, others the highest daily close. And a high in US dollars isn’t automatically one in euros or pounds, because exchange rates move too.
Why records are tricky
Around new records, attention grows – and so does the fear of missing out (FOMOGlossaryFOMO (fear of missing out)‘Fear of missing out’. With Bitcoin, it’s the urge to buy quickly after sharp price rises. FOMO is a common trigger for costly bad decisions.On the learning path: Stage 3 · Step 2 – Goal first →In the glossary →). But record phases have repeatedly been followed by deep declines, known as drawdownsGlossaryDrawdown (decline from the peak)The decline of a price from its last peak to the following low, as a percentage. Bitcoin has fallen by more than 75% several times; from October 2025 to June 2026, it fell by around 53% (in US dollars).On the learning path: Stage 3 · Step 3 – Returns & risk →In the glossary →, most recently after October 2025.
What this means for you
An all-time high is neither a buy nor a sell signal. Rather than asking whether now is the right moment, it helps to have a plan that works regardless, such as a savings planGlossarySavings plan (Bitcoin savings plan)Automatically buying bitcoin at fixed intervals with a fixed amount, for example $50 a month. A savings plan takes the question of the right moment off your hands, but doesn’t promise a higher return.On the learning path: Stage 4 · Step 4 – Setting up a savings plan →In the glossary → with a fixed amount. More on this in Psychology & discipline.
Related terms
These terms are closely connected.
- This termAll-time high(ATH)
- Drawdown (decline from the peak)The decline of a price from its last peak to the following low, as a percentage. Bitcoin has fallen by more than 75% several times; from October 2025 to June 2026, it fell by around 53% (in US dollars).
- VolatilityA measure of how strongly a price fluctuates, usually given as annualised standard deviation in per cent. Bitcoin fluctuates much more than a broad stock index or gold – up and down.
- FOMO (fear of missing out)‘Fear of missing out’. With Bitcoin, it’s the urge to buy quickly after sharp price rises. FOMO is a common trigger for costly bad decisions.
- Four-year cycle (halving cycle)An observed pattern in which the bitcoin price has risen sharply roughly in step with the halvings and then fallen steeply. It is based on only four runs and is not a reliable buy or sell signal.
- Market capitalisation (market cap)Circulating supply multiplied by the current price. The figure shows the order of magnitude – not how much money has actually been invested or would come out if everything were sold.
Explained in depth
These articles go into more detail:
- Deep dive · Stage 6Psychology & disciplineFOMO, panic, loss aversion and confirmation bias: why emotions get expensive with Bitcoin, and how an information diet, if-then rules and an investment journal help.
- Stage 3 · Step 3Returns & riskWhat Bitcoin has returned since 2014, how deep the crashes were and how much it fluctuates compared with shares and gold – in US dollars, with sources and limits.
More from „Money & economics“
Sources2 sources · 2 publishers
The superscript numbers in the text refer to these sources.
- Exploring crypto volatility – BlackRock, 09.12.2025 (accessed 28/09/2026)
- Historical bitcoin prices (API) – mempool.space (accessed 28/09/2026)
This entry is for education only and is not investment, tax or legal advice.