Summary
- CryptoQuant announced that Bitcoin's realized market cap has surpassed $906 billion.
- They stated that the continuous increase in realized market cap raises the possibility of Bitcoin surpassing its all-time high (ATH).
- This reflects strong investor confidence in Bitcoin.
Bitcoin (BTC)'s realized market cap has surpassed $906 billion.
On the 19th (local time), CryptoQuant announced via X (formerly Twitter) that "Bitcoin's realized market cap has surpassed $906 billion" and stated, "If the realized market cap continues to increase, there is a very high possibility that it will surpass the all-time high (ATH) in the near future." The rise in realized market cap reflects strong investor confidence in Bitcoin.
Meanwhile, Bitcoin's realized market cap refers to the market cap calculated based on Bitcoin's realized price. The realized price is the average purchase price of Bitcoin by all investors.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
