$94,077.00
6.27%$1,794.28
10.41%$2.28
8.61%$612.80
1.19%$152.31
8.87%$0.999999
0.00%$0.183151
11.90%$0.709362
10.94%$0.246692
-0.63%$1,791.64
10.37%$94,021.00
6.35%$22.97
13.78%$2.93
26.49%$14.90
11.84%$0.273786
10.67%$9.09
0.17%$0.00001379
10.19%$0.187593
8.82%$3.13
7.60%$2,153.67
10.25%$0.999992
0.02%$360.33
3.91%$84.87
6.80%$19.01
4.26%$4.15
11.03%$4.61
3.95%$1.00
0.08%$1,795.09
10.64%$0.999315
0.03%$0.669751
5.47%$228.69
5.40%$28.48
0.34%$1,912.71
10.64%$0.00000919
13.23%$94,078.00
6.28%$5.99
11.79%$5.38
10.84%$52.31
2.39%$2.51
14.50%$0.944992
9.86%$23.89
3.11%$334.59
2.71%$5.23
11.94%$33.10
2.66%$16.96
8.72%$0.093306
13.15%$1.058
0.86%$0.095453
4.89%$164.32
12.11%$1.00
0.00%$0.711004
7.31%$4.62
5.64%$0.02645692
12.20%$1.17
0.16%$4.36
6.88%$93,977.00
6.36%$0.220458
1.94%$0.343682
17.49%$0.220925
14.55%$9.34
9.59%$4.23
0.03%$2.74
9.74%$2.83
12.30%$0.64172
8.71%$0.522098
8.75%$0.331645
10.41%$1.00
0.36%$4.14
5.29%$94,068.00
6.29%$0.453389
11.93%$10.26
2.89%$159.35
9.22%$0.760561
10.04%$1,494.21
7.60%$0.811901
8.46%$0.078068
8.69%$0.00001577
21.37%$0.646893
41.14%$1.16
8.57%$0.870855
11.92%$1,794.63
10.29%$0.01688894
4.98%$1.061
0.67%$72.04
6.52%$1,868.83
10.52%$0.672725
6.52%$3.78
4.44%$0.196751
9.57%$9.65
13.67%$1.00
-0.05%$15.81
7.19%$0.673835
9.77%$0.091434
9.12%$0.999627
-0.03%$2,022.66
10.53%$0.999977
-0.04%$3,342.30
-3.82%$93,675.00
6.66%$1.00
0.05%$0.01659556
17.03%$612.87
1.18%$3,346.82
-3.70%$2.65
12.76%$195.94
8.97%$0.01720452
8.38%$93,941.00
6.19%$168.04
9.15%$0.299547
9.12%$0.19628
13.98%$0.812385
11.53%$3.89
13.59%$0.120081
6.32%$1,905.16
10.24%$0.69782
11.34%$0.997878
0.01%$0.666383
2.96%$0.00006873
16.94%$0.01916314
13.35%$0.505265
15.95%$0.00000064
4.84%$94,024.00
6.01%$0.399124
6.94%$0.999182
0.04%$30.92
5.86%$1.89
10.64%$2.03
4.95%$0.245597
9.54%$1.11
2.34%$0.00648002
14.07%$0.314013
4.85%$3.52
5.92%$0.545555
7.58%$17.08
11.57%$1,876.40
10.52%$0.562192
28.93%$0.154214
8.86%$0.561383
4.06%$33.29
7.82%$0.56704
22.47%$0.209617
69.79%$0.780222
35.03%$0.998732
0.03%$0.644759
10.12%$91,836.00
5.29%$0.00869055
4.55%$0.446513
7.38%$0.067376
0.23%$94,103.00
6.39%$0.182861
11.67%$0.04694939
32.21%$1.00
0.00%$1.32
5.64%$1.67
4.79%$1.00
0.00%$88,321.00
0.00%$1,849.43
8.88%$2.12
7.74%$0.00002222
6.95%$15.65
11.07%$0.149091
10.35%$0.00683549
33.08%$6.06
10.87%$6.52
18.51%$1,791.97
10.46%$93,933.00
6.30%$110.78
0.01%$0.00000043
-0.67%$1.011
1.12%$0.510681
10.71%$1.084
0.01%$2.53
11.30%$3.72
8.75%$0.07797
9.03%$0.341546
20.69%$0.492223
21.89%$0.04152965
11.77%$43.36
8.99%$1,793.11
10.44%$0.00734088
16.51%$1,794.29
10.51%$0.220414
1.66%$1,907.57
10.42%$0.082464
8.32%$0.999821
0.02%$1.00
0.01%$1,793.76
10.43%$0.369323
23.46%$21.82
-0.37%$0.00421846
5.88%$0.570179
7.62%$0.175391
3.17%$0.997572
-0.79%$0.00006382
5.58%$0.831061
6.25%$0.01740771
0.72%$1,835.72
10.20%$1.00
0.10%$1.00
0.02%$0.120057
0.52%$0.03180478
1.40%$0.332891
9.15%$0.00000151
14.76%$0.67638
21.23%$2.72
9.68%$94,037.00
6.46%$1.21
11.05%$0.242524
10.60%$114.66
8.67%$26.84
7.12%$0.999847
0.01%$3.63
5.87%$0.29124
32.29%$0.139989
-0.11%$94,333.00
7.02%$0.00418322
65.14%$0.63943
10.92%$0.68199
-4.24%$1,774.07
10.57%$0.999862
0.02%$22.52
8.31%$0.274415
5.69%$2.85
3.48%$3,187.04
0.00%$1,897.47
10.53%$0.00043604
-1.12%$22.98
13.88%$0.188949
7.48%$1,794.31
10.55%$0.113185
8.50%$0.513936
6.10%$0.03706494
4.08%$15.54
11.58%$0.446633
7.10%$0.01277898
7.59%$0.969892
14.88%$0.00283569
8.88%$0.742997
11.62%$1,888.59
6.22%$1.05
13.08%$0.0294845
5.79%$0.00
13.10%$0.240664
22.71%$2.27
7.99%$1,967.07
10.59%$0.999777
-0.02%$1.00
0.02%$1,954.10
10.77%$93,900.00
6.19%Reading
Bitcoin reached an all-time high of $125 billion in realized market capitalization, an increase of $10 billion in a month, according to data from metrics site Glassnode. This comes as Bitcoin yesterday hit $15,903, its highest price since the tail-end of the 2017 Bitcoin bubble.
📈 #Bitcoin $BTC Realized Cap just reached an ATH of $125,217,194,586.28
Previous ATH of $125,190,998,605.33 was observed earlier today
View metric:https://t.co/C8JhD26mC1 pic.twitter.com/28DVUmVhKT
— glassnode alerts (@glassnodealerts) November 7, 2020
Realized market cap is a measure first conceived by data analytics firm Coin Metrics. It attempts to calculate how big the active market cap for Bitcoin is, since, reasons Coin Metrics, there’s no point in taking into account a massive amount of Bitcoin that hasn't changed hands for a long time.
To calculate ‘realized capitalization’, Coin Metrics assigns time-sensitive values to each coin; for example, if a coin last moved in 2018 when the price was $6,000, then to give an accurate picture, that coin would need to be priced at $6,000 rather than today’s price.
That’s an adjustment to the standard measurement of actual market cap, which is the multiplication of all the coins in circulation multiplied by total price. Unlike the actual market cap, realized market cap is (in theory) not as vulnerable to sudden price changes. Movements from old coins won’t massively shift the market cap.
The record is the latest benchmark of Bitcoin’s recent success. Bitcoin yesterday hit highs of $15,903, an increase of 15% from last week’s $13,800. Why? Perhaps in anticipation of the US elections, a rise in Tether’s market cap, or something else entirely.
But over the last 24 hours, it has dipped by 3.54% in price; its current price is $15,359.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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