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Bitcoin Momentum Pauses: Exploring the Factors Behind the Current Wait-and-See Phase
Bitcoin, the flagship cryptocurrency, has recently achieved a significant milestone, with its realized market capitalization reaching an impressive $872 billion. This figure reflects the total value of all bitcoins in circulation based on the price at which they were last moved, providing a clearer picture of the market’s real economic activity compared to the more…
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What drove Bitcoin’s market cap to increase by $102 billion while realized cap only grew by $4 billion?
Bitcoin’s Market Cap Surges by $102 Billion While Realized Cap Grows by Only $4 Billion Bitcoin’s price experienced a significant increase in February, rising from $43,049 at the beginning of the month to $49,900 on February 12. This surge in price has brought Bitcoin closer to breaching the significant resistance level of $50,000 and approaching…