Bitcoin’s Realized Cap Hits Record High—Is a Major Bull Run Brewing?
Bitcoin has faced persistent challenges in recent weeks, struggling to maintain a stable upward momentum. After recently slipping below $100,000, the cryptocurrency now hovers around the $95,000 mark, causing uncertainty among investors. Despite these setbacks, some analysts see signs that the market’s bull cycle may still have room to run. CryptoQuant contributor MAC_D recently examined the current state of Bitcoin’s realized market capitalization, offering insights into what might lie ahead for the asset. Related Reading: Bitcoin’s Struggle Below $100K: Could These Market Signals Trigger....
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Bitcoin’s price performance in recent weeks has maintained a sluggish movement, with the cryptocurrency now hovering near the $97,000 mark. Despite the 3% decline over the past two weeks, Bitcoin remains within a consolidation phase following its January all-time high above $109,000. As the asset lingers in this range, discussions around the ongoing halving cycle and its potential impact on future price movements have gained momentum. One noteworthy perspective comes from CryptoQuant analyst Oinonen, who recently shared insights into Bitcoin’s current standing relative to past halving....
An analytics firm suggested that Bitcoin might be heading to another bull market as the hype around meme coins starts to fade and the crypto community regains its interest in the flagship crypto and other top Layer-1 protocols. Santiment acknowledged that the crypto community’s shift to Bitcoin could indicate market maturity, creating renewed optimism in […]
SOL price continues to climb, with Solana’s TVL also hitting a new high of nearly $14 billion. The price of Solana’s native SOL coin edged up on Oct. 25 in the wake of a marketwide rally led by Bitcoin (BTC), with the total value locked (TVL) on Solana hitting record highs and SOL’s price seeing a promising technical setup.Bitcoin triggers marketwide rallySOL climbed by more than 6% to hit an intraday high of around $214. The price of SOL is now up a little over 35% over the past week, pushing it closer to its record high of about $222 set in early September.Bitcoin’s run-up to its new....
The combined market cap of all cryptocurrencies reaches $2 trillion for the first time. The market capitalization of all cryptocurrencies in existence surpassed $2 trillion on April 5, according to data from Goingecko, led by the impressive growth of Bitcoin (BTC), Ether (ETH) and other altcoins in 2021.The cryptocurrency market as a whole has become approximately as valuable as Apple, the second-biggest company in the world after Saudi Arabia's oil giant, Aramco.The milestone also comes less than three months after the cryptocurrency market surpassed $1 trillion for the first time back on....
Bitcoin has just set a new all-time-high (ATH) record for realized market cap or “active money.” This means BTC holds more capital today than it did during the April price peak. Bitcoin Realized Cap Has Broken The ATH Record As per a report from Arcane Research, Bitcoin has just set a new record for “active […]