#BTCBreaksATH

Bitcoin Breaks Major ATH, But It's Not What You Think

the leading digital asset in the crypto world, has seen its price stuck between $92,000 and $95,000 in the last seven days. Despite this seeming stagnation, Bitcoin has hit an all-time high (ATH) but not in the most common metric tracked.

New record in Bitcoin realized cap

CryptoQuant, an on-chain analytics platform, highlighted the achievement in a post on X. For perspective, Bitcoin Realized Capitalization (BRC) is a metric that values each individual BTC based on the price at which it was last moved or transacted on-chain.

It differs from regular market capitalization, which is the prevailing price multiplied by total supply. BRC is not calculated based on the current market price, which makes it a better reflection of invested value.

Bitcoin’s current Realized Cap has hit $882.2 billion, an all-time high for the asset. This signals that active market participants have invested more money than ever in Bitcoin