Bitcoin surged above $111,000 to reach a new all-time high (ATH) recently, signaling the ongoing revival of the crypto bull market. Despite a slight pullback due to US trade tariff news, investors remain optimistic as reclaiming the previous ATH indicates a continued uptrend. Analyst BilalHuseynov noted a unique trend in the Market Value To Realized Value ratio (MVRV) during this cycle. While past ATHs saw MVRV ratios peaking at 3.5-4.0, the current peak is at 2.4, attributed to a rise in Realized Cap over Market Cap. This anomaly suggests a stable market with less speculation. The presence of long-term and institutional investors further strengthens market confidence. Bitcoin is currently trading at $108,397, down 2.50% in the day but up 17.65% in the month. Read more AI-generated news on: https://app.chaingpt.org/news

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