Bitcoin’s Realized Cap Reaches $1 Trillion Milestone
- Realized cap milestone set amidst rising market activity.
- Bitcoin’s price exceeds $123,000, marking a new high.
- Signals strong institutional inflow and investor confidence.
Bitcoin’s realized cap has reached $1 trillion, as reported by Glassnode , while its price has surged beyond $123,000.
Glassnode confirmed the milestone, highlighting the realized cap’s significance in reflecting invested capital, while investors celebrate Bitcoin’s price exceeding $123,000.
The milestone underscores Bitcoin’s strong market position as institutional activity contributes to its newfound high in realized cap. James Check from Checkonchain emphasized: “Realized Cap is arguably the most important Bitcoin market metric. It shows how much investors have actually paid to acquire their coins — a measure of real economic weight.” Significant sales, such as the 80,000 BTC of an early whale, further highlight market resilience.
Bitcoin’s value boost positively impacts Ethereum, XRP, and other altcoins, highlighting a widespread increase in market confidence.
Potential outcomes include Bitcoin’s further price growth and market consolidation if the current trajectory persists. Analysts predict possible alignment with gold’s market share, driven by ETF adoption and corporate investments.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano Enters Wyckoff Markup Amid $600M Row
Quick Take Summary is AI generated, newsroom reviewed. ADA trades around $0.83, entering the Wyckoff markup stage after months of accumulation. Cardano DeFi locks nearly $375M, with daily DEX volume of $6.8M and 25K active addresses. Whales moved 50M ADA ($41.5M), but price still gained 9% this month. Governance turmoil emerges with a $600M ADA controversy and calls for a vote of no confidence.References Cardano Enters Wyckoff Markup Stage at $0.83; TVL $375M, Whales Active Cardano Tweet (on X)
Forward Solana Treasury Secures $1.65B for Ecosystem Growth
Quick Take Summary is AI generated, newsroom reviewed. Forward Industries secures $1.65B for a Solana treasury plan. Galaxy Digital and Jump Crypto to handle infrastructure. Multicoin Capital adds Solana investment expertise. Strategy aims to grow Solana’s ecosystem and stability.References Forward Industries (NASDAQ: FORD) has secured $1.65 billion in cash and stablecoin commitments via a PIPE round led by Galaxy Digital, Jump Crypto, and Multicoin Capital to launch a Solana-focused digital asset treasury
Ethereum ETFs See $447M Outflows, Bitcoin ETFs Drop $160M
Quick Take Summary is AI generated, newsroom reviewed. Ethereum spot ETFs recorded $447 million in outflows, the second-largest in history. Bitcoin ETFs also saw significant withdrawals, with a combined $160 million in outflows. The synchronized outflows suggest widespread investor caution in the crypto market. Despite the withdrawals, cumulative crypto ETF inflows for the year remain positive.References On September 5, Ethereum spot ETFs saw total net outflows of $447 million
Ethereum Outflows Reach $787.7M As Bitcoin Inflow Climb $246M
Quick Take Summary is AI generated, newsroom reviewed. Ethereum ETFs record $787.7M outflows, reversing August’s huge inflows Bitcoin ETFs attract $246M, reinforcing reputation as safer digital asset Institutions reposition amid recession fears, weak labor data, Fed uncertainty Ethereum fundamentals strong with $223B DeFi activity and reduced gas fees Global regulation shapes ETF flows, with US attracting more institutional capitalReferences US spot ETH ETFs saw its largest weekly outflows last week with $
Trending news
MoreCrypto prices
More
