{"version":1,"id":"all-time-low-atl","title":"All-Time Low (ATL)","summary":"All-Time Low (ATL) is a glossary term that denotes the lowest value a cryptocurrency has ever reached since its inception and is used to assess downside risk, market sentiment, and potential buying or risk-management signals.","content":"**An All-Time Low (ATL)** is the lowest price point that a [crypto](https://iq.wiki/wiki/cryptocurrency) has ever reached since its introduction into the market.[\\[1\\]](#cite-id-c0ycf99imm) \n\nIt is the direct opposite of an [All-Time High (ATH)](https://iq.wiki/wiki/all-time-high-ath), which is the highest price a cryptocurrency has ever attained, and the two figures are commonly examined together to establish the full historical price range of a digital asset.[\\[2\\]](#cite-id-u8sfaivqh9) As a metric, the ATL is used to analyze the lowest point of a digital asset's performance and provides insight into an asset's past behavior that can inform later decisions.[\\[3\\]](#cite-id-sa65y5prdt)​\n\nThe ATL is regarded as a metric relevant to day traders, long-term investors, and financial analysts alike, because it offers a snapshot of the lowest price ever recorded and helps in evaluating an asset's stability, potential for growth, and risk factors.[\\[1\\]](#cite-id-c0ycf99imm)​\n\n## Definition and Measurement\n\nAn all-time low refers to the lowest price a cryptocurrency has hit during its entire trading history, measured since the asset's inception.[\\[2\\]](#cite-id-u8sfaivqh9) \n\nIdentifying an ATL can be more difficult than defining an all-time high, because the starting point of an asset's price history is not always straightforward. Most commonly, analysts identify an all-time low by looking at the lowest valuation a cryptocurrency has reached after a daily close, rather than at momentary intraday dips.[\\[2\\]](#cite-id-u8sfaivqh9)​\n\nThe way a cryptocurrency enters the market affects where its all-time low sits. Some cryptocurrencies begin as bootstrapped versions that trade in [liquidity pools](https://iq.wiki/wiki/liquidity-pool), and their all-time low is technically zero because they start trading from a valuation of zero; for such coins, the analysis of the ATL begins from their first day of trading.[\\[2\\]](#cite-id-u8sfaivqh9) \n\n​[Bitcoin](https://iq.wiki/wiki/bitcoin), by contrast, is an example of a cryptocurrency mined under a [proof-of-work](https://iq.wiki/wiki/proof-of-work-pow) system, a mechanism in which participants use computational work to validate transactions and issue new coins.[\\[2\\]](#cite-id-u8sfaivqh9) \n\nOther cryptocurrencies are pre-mined, a process in which early investors obtain a coin at prices lower than those offered to the public at launch; pre-mined coins can consequently trade below their public launch price, complicating the identification of a true all-time low.[\\[2\\]](#cite-id-u8sfaivqh9) Analysts also examine lows recorded over specific time periods, but such period lows are not all-time lows in the strict sense.[\\[2\\]](#cite-id-u8sfaivqh9)​\n\n## Causes\n\nA cryptocurrency that reaches an all-time low is generally described as being on a bearish trajectory, meaning its price is trending downward.[\\[3\\]](#cite-id-sa65y5prdt)​[\\[2\\]](#cite-id-u8sfaivqh9) Such a low is frequently driven by significant negative news, and it can signal market capitulation — a phase in which investors sell off holdings in resignation — and possibly the death of a crypto project altogether.[\\[2\\]](#cite-id-u8sfaivqh9)​\n\nMany of the forces that push a cryptocurrency toward a new low lie outside the asset's own control. \n\nNegative media coverage, broad macroeconomic conditions, and industry instability or turmoil are among the factors that can drive prices down.[\\[3\\]](#cite-id-sa65y5prdt)​[\\[2\\]](#cite-id-u8sfaivqh9) Broad market crashes can pull down even the most stable cryptocurrencies to new lows, while wider economic conditions such as inflation rates, interest rates, and technological changes can also contribute.[\\[1\\]](#cite-id-c0ycf99imm)​\n\nProject-specific problems form a second category of causes. Poor management, failed upgrades, or security breaches can erode investor confidence and lead to falling valuations and fresh ATL levels.[\\[1\\]](#cite-id-c0ycf99imm) \n\nRegulatory developments can have a similar effect, as new rules or outright bans on cryptocurrencies in major markets can cause prices to plummet.[\\[1\\]](#cite-id-c0ycf99imm) \n\nBecause the [all-time high](https://iq.wiki/wiki/all-time-high-ath) and all-time low of major cryptocurrencies can influence the broader market, a major asset hitting a new ATL can create negative sentiment that pushes the value of other cryptocurrencies downward.[\\[3\\]](#cite-id-sa65y5prdt)​\n\n## Significance for Investors\n\nFor investors, the all-time low offers a clear view of a cryptocurrency's potential downside and helps in understanding its volatility and its risk of loss.[\\[1\\]](#cite-id-c0ycf99imm) \n\nIt can also reflect market sentiment at its most bearish, illustrating how far investor confidence may have fallen during a particular period.[\\[1\\]](#cite-id-c0ycf99imm) Analysts use all-time lows for benchmarking, comparing different cryptocurrencies to identify those that may be undervalued or that have weathered market downturns better than their peers.[\\[1\\]](#cite-id-c0ycf99imm)​\n\nTraders can use the ATL to assess the potential downside of an engagement. When a cryptocurrency is trading near its all-time low, this may indicate that the asset's current value is low and that it could experience a value adjustment.[\\[3\\]](#cite-id-sa65y5prdt) Understanding where the all-time low stands also supports risk management strategies, including the placement of stop-loss orders — automated instructions to sell an asset once it falls to a specified price.[\\[1\\]](#cite-id-c0ycf99imm) Presented alongside the all-time high, the ATL helps gauge a cryptocurrency's overall price range and its potential for future growth or decline.[\\[1\\]](#cite-id-c0ycf99imm)​\n","categories":[{"id":"glossary","title":"glossary"}],"tags":[],"images":[{"id":"QmZvpf41fH6sZEVqohtGRCvZX7RzoKL95W7BcL7dJW5q7p","type":"image/jpeg, image/png"}],"media":[],"metadata":[{"id":"references","value":"[{\"id\":\"c0ycf99imm\",\"url\":\"https://www.coinmetro.com/glossary/all-time-low\",\"description\":\"ATL definition as lowest price ever reached\",\"timestamp\":1790343592124},{\"id\":\"u8sfaivqh9\",\"url\":\"https://coinmarketcap.com/academy/glossary/all-time-low-atl\",\"description\":\"ATL opposite of ATH\",\"timestamp\":1790343592124},{\"id\":\"sa65y5prdt\",\"url\":\"https://www.coinbase.com/learn/crypto-glossary/what-is-the-difference-between-a-crypto-all-time-high-ath-and-all-time-low-atl\",\"description\":\"ATL used to analyze lowest performance point\",\"timestamp\":1790343592124}]"},{"id":"main-image-origin","value":"{\"imageId\":\"QmZvpf41fH6sZEVqohtGRCvZX7RzoKL95W7BcL7dJW5q7p\",\"originalId\":\"QmZvpf41fH6sZEVqohtGRCvZX7RzoKL95W7BcL7dJW5q7p\"}"},{"id":"commit-message","value":"Create All-Time Low (ATL) wiki"}],"events":[],"linkedWikis":{"founders":[],"blockchains":[],"speakers":[]},"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"language":"en","operator":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"}}