🚀 Bitcoin's Realized Cap Shows Improvement Amid Capital Rotation
Bitcoin's realized capitalization has seen a notable improvement, according to Darkfost. The metric increased from -$28.7 billion at the end of February to -$3 billion, as stablecoin capitalization decreased from over $6 billion to -$1 billion. This shift indicates a capital rotation back into Bitcoin. According to NS3.AI, Michaël van de Poppe noted that speculators are currently net long on Bitcoin, suggesting that BTC could potentially reach $80,000–$85,000. However, he warned that the current setup suggests volatility rather than a guaranteed breakout.
#Bitcoin#RealizedCap#CapitalRotation#Stablecoin#BTC#MichaëlvandePoppe#Volatility#Cryptocurrency
Alternatives vs. Altcoin Market Perspectives
🔍 CEO of CryptoQuant, Ki Yun Joo, labels the altcoin market as a 'zero-sum game' due to stagnant capital influx. He suggests only projects with robust use cases can survive.
🚀 Citi analysts forecast a potential alt season with Trump's return, benefiting Ethereum through ETF capital rotation.
📊 Nansen integrates TON blockchain data, offering real-time metrics for the Web3 ecosystem.
💰 CleanSpark becomes the fourth public miner with over 10,000 BTC, reaching this milestone by mining directly.
📈 Ripple aims to list its new RLUSD stablecoin on major exchanges, including ongoing talks with Coinbase and Binance. Bitstamp recently announced support for RLUSD.
#Altcoins#Crypto#Ethereum#ETFs#TON#Web3#CleanSpark#Bitcoin#Ripple#RLUSD#Citi#CryptoQuant#Nansen#Blockchain#Mining#Exchange#Bitstamp#CapitalRotation#AltSeason#DonaldTrump#DataAnalytics