Bitcoin Realized Cap is a market valuation metric that calculates Bitcoin’s market capitalization by using the price of each Bitcoin when it last moved on-chain, rather than its current market price. This metric provides an estimation of the aggregate cost basis of all Bitcoin in circulation. It offers a more accurate view of the network’s value held by long-term investors.
Context
Analysts often use Bitcoin Realized Cap to identify macro market cycles and investor sentiment, particularly during periods of market stress or recovery. When the market price falls below the realized price, it traditionally signals a potential market bottom. Discussions frequently concern the metric’s effectiveness in predicting price movements versus traditional market capitalization.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
