The realized Market Cap (Realized Cap, showing the actual amount of funds flowing into Bitcoin) reveals an interesting story of market maturity. In the early days of Bitcoin (2011-2015), as people were just discovering Bitcoin, this value increased by an astonishing 122 times. The growth in each subsequent cycle gradually decreased - this is a natural law of market expansion and maturity.

Currently, the market capitalization has grown 2.1 times in this cycle, which is lower than the peak of 5.7 times in the previous cycle, but similar to the situation from 2015 to 2018. Although we have not yet seen a significant increase in capital inflows (which is usually a sign of the most exciting stage of a bull market), if demand increases, this may mean there is still room for growth.

#比特币 Already Realized Market Cap #市场周期 Cryptocurrency #牛市 Investment Analysis #Blockchain