Bitcoin realized market cap rises more than $4.6 billion in a week

  • Bitcoin’s weekly realized market cap increased by more than $4.6 billion.
  • Darkfost said the gain was the strongest weekly increase since the bear market began.
  • The 30-day average rate of change stood at 0.4%, according to Darkfost.

Bitcoin’s weekly realized market cap increased by more than $4.6 billion, reversing a prolonged decline and indicating fresh capital inflows that are supporting the current price advance. CryptoQuant analyst Darkfost said the rise may also reflect capitulation by investors who bought at higher prices and later sold, creating UTXOs (unspent transaction outputs) at lower realized prices. Demand has nevertheless outpaced that selling pressure. Darkfost described the increase as the strongest weekly gain since the bear market began, while noting that the 30-day average rate of change remains moderate at 0.4%, leaving the trend in need of further confirmation.

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