The Bitcoin Realized Cap has reached a new all-time high of $832 billion, growing at a rate of $38.6 billion monthly. Despite slower capital inflows, the ETF market has seen a significant increase in investments recently. The sell-side pressure in the market has decreased, indicating a healthier supply-demand balance. The CryptoQuant Net Unrealized Profit and Loss indicator suggests that many investors are holding substantial unrealized profits. Market watchers remain bullish on Bitcoin, with some analysts predicting massive gains in the coming months and a market cycle comparable to the 2017 Dot-com bubble. Currently, Bitcoin is trading at $104,304, up 0.62% in the last 24 hours.
Content Editor ( thecryptobasic.com )
- 2025-01-22
Bitcoin Realized Cap Hits ATH of $832B Despite Slower Capital Inflows
