2024

Strong

Bitcoin

<ul class="news-points"> 
 <li><strong>As per Glassnode, the Bitcoin Realized Cap is 5.4% shy of its previous ATH of $467 billion.</strong></li> 
 <li><strong>Glassnode also observed that the flagship crypto is experiencing strong capital inflows.</strong></li> 
 <li><strong>The steep recovery of BTC’s realized cap confirms Bitcoin’s bullish trend for the 2023-24 cycle.</strong></li> 
</ul> 
<p>According to Glassnode, a leading on-chain, and financial metrics platform, the <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/">Bitcoin</a> realized cap is 5.4% shy of its previous all-time high (ATH) of $467 billion. The analytics platform also observed that the flagship crypto is experiencing strong capital inflows.</p> 
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> Realized Cap remains just -5.4% shy of its previous ATH of $467B, and is currently experiencing strong capital inflows. <br><br>That said, the duration for this recovery to accelerate has been markedly slower than prior cycles, arguably due to the significant supply… <a href="https://t.co/UfPdDiN6AG" target="_blank" rel="nofollow">pic.twitter.com/UfPdDiN6AG</a></p>— glassnode (@glassnode) <a href="https://twitter.com/glassnode/status/1753075192656515413?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 1, 2024</a>
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<p>In a recent post on X, Glassnode explained that the duration for this recovery by Bitcoin to accelerate has been markedly slower than prior cycles. The platform suggested that this could be attributed to the significant supply overhang from challenging trades like the Grayscale GB…</p>
<p>The post <a href="https://coinedition.com/bitcoins-realized-cap-reflects-strong-capital-inflows-into-btc-market/">Bitcoin’s Realized Cap Reflects Strong Capital Inflows Into BTC Market</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin’s Realized Cap Reflects Strong Capital Inflows Into BTC Market

Coin Edition

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