Summary
- Bitcoin's Realized Market Cap is nearing $1 trillion, indicating its establishment as a mature asset.
- Realized Market Cap is calculated based on the realized price, reflecting the average purchase price of investors.
- Currently, Bitcoin is showing a 1.65% increase based on the Binance USDT market.
Bitcoin (BTC) is nearing a $1 trillion Realized Market Cap.
On the 21st (local time), Glassnode announced on X (formerly Twitter) that "Bitcoin's Realized Market Cap is approaching $1 trillion," stating that "Bitcoin is gradually establishing itself as a mature asset."
Meanwhile, Bitcoin's Realized Market Cap refers to the market cap calculated based on the realized price of Bitcoin. The realized price is the average purchase price of Bitcoin for all investors, and as investors' purchase prices increase, Bitcoin's selling resistance also strengthens.
As of 9:56 PM, Bitcoin is trading at $106,509, up 1.65% from 24 hours ago, based on the Binance USDT market.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
