Bitcoin Realized Market Cap Hits $400 Billion, Setting Another All-Time High
The realized market capitalization of bitcoin, which is a measure of the average cost basis for all bitcoin on the network, just hit a new all-time high, surpassing the $400 billion mark. Ultimately, this means that the bitcoin realized price is at $21,250 and this is because of massive inflow into the market as everyone wants to be part of the network and therefore placing high bets in the market.
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