Bitcoin Price Falls But at $107 Billion, Realized Cap Hits New ATH

July 3, 2020 | By | Reply | 19 Readers More


Bitcoin broke past its stagnant price trend dropping to sub-$9000 levels a few hours ago. But all is well as a V-shaped recovery quickly followed the fall, and Bitcoin’s realized cap hit a record of $107 billion today.

BTC’s Realized Cap Clocks New High, Tops $107 Billion

As per data from Glassnode alerts, the company’s Twitter account for on-chain crypto alerts, Bitcoin’s realized cap hit an all-time high of $107 billion.

btc_realized_cap
Bitcoin Realized Market Cap Hits $107 Billion, Source: Glassnode alerts

This comes two weeks after the metric registered its earlier high on June 19.

Bitcoin Realized Cap (1d MA) just reached an ATH of $107,264,291,327.14.

Previous ATH of $107,263,226,837.97 was observed earlier today. – Reads the statement.

Unlike Bitcoin’s market cap seen on crypto ranking sites, the realized cap differs in perception as well as calculation.

Market cap is…

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