Date: 2025-05-08
Key points:Bitcoin’s realized cap is beating records and has almost reached the $900 billion mark.The market is laying the foundations for a “potentially significant price breakout,” new analysis says.Profit-taking is not hindering the overall bull market rebound.Bitcoin (BTC) is setting new all-time highs in network value as BTC price action eyes a return to six figures.Data from onchain analytics platform CryptoQuant confirms new record highs for Bitcoin’s realized cap.Bitcoin realized cap reflects “growing conviction”Bitcoin is worth more than ever in US dollar terms if its market cap is measured by the value at which the extant supply last moved onchain.Known as realized cap, this figure has seen continued all-time highs since mid-April...
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