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Divergence between Bitcoin’s market and realized caps signals euphoria Divergence between Bitcoin’s market and realized caps signals euphoria

Divergence between Bitcoin’s market and realized caps signals euphoria

with insights from CryptoQuant CoinGlass

Realized cap growth reflects steady capital inflow as Bitcoin rallies on electoral optimism, but market cap divergence could mean potential overextension.

Divergence between Bitcoin’s market and realized caps signals euphoria

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

The difference between Bitcoin’s realized cap and market cap is an underrated indicator of the phases of Bitcoin’s price cycles. The realized cap shows Bitcoin’s value based on the last price each coin moved, showing the actual capital invested into the asset. When the market cap, which reflects the value of all existing coins based […]