Bitcoin’s $8B Cap Rise: Shifting Demand Beyond ETFs
Despite an $8B realized cap increase, Bitcoin’s recovery isn’t ETF-driven. Explore Bitcoin’s decentralized tech, scarcity, security, and evolving market dynamics.
Despite an $8B realized cap increase, Bitcoin’s recovery isn’t ETF-driven. Explore Bitcoin’s decentralized tech, scarcity, security, and evolving market dynamics.
Long-term Bitcoin holders are realizing record profits, with $1.7B daily gains. This market rebalancing by OGs is seen as a precursor to Bitcoin’s next rally, highlighting its robust tech & market cycles.
Bitcoin’s Coinbase Premium Index turns negative while its RSI hits April lows, signaling a potential market bottom and slow recovery ahead for BTC.
Bitcoin’s market turns positive as Futures Open Interest and Net Taker Volume signal renewed bullish sentiment. Glassnode and CryptoQuant data reveal key support levels and reduced selling pressure, indicating potential for further price growth.
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