- Bitcoin’s realized market capitalization experienced substantial shifts, reaching $389.4 billion, but relative growth showed a diminishing trend across epochs.
- Despite small recovery attempts, Bitcoin’s current price remains below $27,000, indicating a persistent bearish trend.
In the ever-fluctuating realm of Bitcoin[BTC], its market capitalization dances to the tune of price swings. Nevertheless, assessing its cap and gauging its progress or decline can be approached from various angles.
Read Bitcoin (BTC) Price Prediction 2023-24
As per insights from Glassnode, the realized capitalization of BTC witnessed substantial shifts throughout its existence, and here was its present state.
Bitcoin epoch 4 realized market cap hits $200 billion
Fresh insights from Glassnode unveiled a compelling narrative of Bitcoin’s realized capitalization experiencing growth following its halving event.
This metric revealed a cyclical pattern, where each successive epoch witnessed a surge in the Bitcoin realized cap. The ongoing epoch showcased an impressive capital inflow of $282.8 billion.
Analyzing the chart provided insight into the realized cap milestones achieved in previous epochs.
At Epoch 1, the rea
Go to Source to See Full Article
Author: Suzuki Shillsalot