Bitcoin’s realized profits surge as market braces for 2024 halving

Bitcoin’s realized cap has hit $407 billion as investors lock in profits ahead of the 2024 halving.

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

Realized cap offers a unique perspective on market behavior, representing the flow of capital in and out of Bitcoin (BTC). The realized cap is calculated by applying price stamps to each Bitcoin at the time of its last transaction, offering a more nuanced view of the market value than the traditional market cap. At the […]