
Bitcoin's realized market capitalization has reached $850 billion, marking its emergence as a significant global macro asset. This milestone comes after the cryptocurrency's valuation increased from a low of $400 billion in November 2022, absorbing approximately $450 billion in capital since then. Analysts note that as Bitcoin's value continues to rise, it will require increasingly larger capital inflows to sustain further market cap expansion. The current market environment has led to a perception of Bitcoin, valued at $100,000, as relatively stable or 'boring' compared to its historical volatility.
As $BTC’s valuation climbs, each new surge requires even more capital. Since bottoming at $400Bin Nov 2022, Realized Cap has soaked up $450B, now sitting at $850B. The higher BTC goes, the more fuel it needs. The next move up won’t be cheap. https://t.co/vyzMVZAHff
Bitcoin hit a whopping $850B in Realized Cap, proving that even the wildest rebel can settle down and become a macro asset
As #Bitcoin's valuation grows, so does its inertia - requiring ever-larger inflows to sustain market cap expansion. Since the Nov 2022 cycle low of $400B, Realized Cap has absorbed +$450B in capital, now totaling ~$850B: https://t.co/EfwTWxSu9f https://t.co/8lMpeAZzVZ
