- Sep 17, 2024 17:20 UTC
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According to CryptoQuant, Bitcoin’s Realized Cap, which tracks the value of each coin based on its last traded price, has increased by just $3 billion to reach $461 billion, highlighting stagnant net capital inflows. This mirrors Bitcoin’s current price stagnation, with minimal volatility in recent weeks. Since August, the market has been in a slow recovery phase, with very little new capital entering. CryptoQuant suggests that significant movement within the next 30 days is necessary to break out of this stagnant phase, potentially driving liquidity and paving the way for a bull market.
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