Litecoin breaks above its realized price after almost a year

The global crypto market cap is $1.4 trillion with a 24-hour volume of $46.58 billion. The price of Bitcoin is $37,259.05 and BTC market dominance is 52.0%. The price of Ethereum is $2,026.76 and ETH market dominance is 17.2%. The best performing cryptoasset sector is Yield Farming, which gained 6%.

Definition

Realized Price is the Realized Cap divided by the current supply.

Quick Take

On Jan. 29, Litecoin price exceeded its realized price of $94.30
Litecoin has been below its realized price since March 2022
Bitcoin and Ethereum both broke the resistance of their realized price in recent weeks

Analyst

James Van Straten

Research Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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Litecoin breaks above its realized price after almost a year

Definition

Quick Take

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