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November 11, 2024, marked the biggest daily gain in Bitcoin history in dollar terms. The momentum is unmatched as #BTC continues to set records.
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Bitcoin is a nonstop monster, and the FOMO is real. Everyone is expecting a retracement, but the price keeps going up. Currently, the price is in discovery mode, and we may see it pause somewhere for an accumulation phase. #BTC
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Over 57,800 BTC, worth approximately $4.16 billion, have been recently accumulated by key addresses. According to Glassnode, Bitcoin’s Realized Cap has increased by 3.8% over the past 30 days, now reaching an all-time high of $656 billion. This surge is supported by $2.5 billion in net 30-day capital inflows.
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The Bitcoin Realized Cap has seen a notable increase of 3.8% over the past 30 days, marking one of the highest inflow periods since January 2023. It has reached an all-time high (ATH) of $656 billion, backed by a net 30-day capital inflow of $2.5 billion. This suggests strong investor confidence and capital movement into Bitcoin.
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#Bitcoin Surpasses #Meta In Global Market Capitalization Rankings
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