On April 14, the realized capitalization of digital gold set a new historical maximum at $872.2 billion. CryptoQuant saw this as a bullish signal.
According to analysts, an increasing number of investors are holding the first cryptocurrency amid a continuing influx of capital.
The metric represents the total value of all bitcoins in circulation, based on the price at which each coin was last moved on the blockchain.
In other words, this is the sum of all investments in US dollars related to all accounted BTC. The number of holders is increasing, indicating strong expectations for a short-term price rise, experts clarified.
The lack of price growth of the first cryptocurrency and its sideways movement indicate a period of accumulation before potential explosive dynamics. However, caution and patience must be maintained, specialists warned.
Recall that by June the market will reach a local bottom, and the further vector will be set by the results of negotiations between the US and major trading partners regarding tariffs, according to Nansen.
Coinbase previously recommended maintaining a 'constructive attitude' regarding the prospects of bitcoin in the second half of 2025.
At QCP Capital noted the revival of the first cryptocurrency as a safe-haven asset.#BTC #CryptoQuant
