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Bitcoin Realized Cap Hits Record High

Bitcoin Nears $100,000 as Realized Cap Hits Record High

  • Bitcoin is trading at $97,005, with a 2.6% gain over the past week and a 3.3% increase in the last 24 hours.
  • The Realized Cap of Bitcoin has reached an all-time high of $890.7 billion for the third consecutive week.
  • Both long-term and short-term holders are increasing their stakes during this consolidation period.
  • The Coinbase Premium Gap is at -5.07, indicating lower Bitcoin prices on Coinbase compared to global platforms.

Bitcoin’s price remains just under $100,000, with its Realized Cap reaching $890.7 billion, suggesting increased investor activity despite regional selling pressure indicated by a negative Coinbase Premium Gap.

Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoins-realized-cap-hits-record-high-as-accumulation-continues/?rand=52377
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