Monday, June 16, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Bitcoin Has Set A New ‘Realized’ Capitalization Record Of $103 Billion

by firstcryptonews
November 12, 2019
in News
Bitcoin Has Set A New ‘Realized’ Capitalization Record Of $103 Billion

Even though there’s considerable growth with the crypto market in general, Bitcoin unsurprisingly seems to be towering above them all.

In 2019 alone, the Bitcoin network has beaten its own hashrate record at least twice, set new records for traded volume and still maintains very attractive year-to-date returns. Back in August, Bitcoin’s realized market cap hit an all-time high above $100 billion. Now, the king coin has set a new realized cap record.

According to data from analytics site CoinMetrics, Bitcoin’s realized market capitalization has just hit a new all-time high of $102.9 billion. The news is expected to improve the general sentiment regarding Bitcoin and might even spur more bullish forecasts as would usually happen.

Both the cryptocurrency and traditional sectors are a lot more familiar with market capitalization. This represents the value of a company or an asset especially as it relates to the stock market and is calculated by a multiplication of the current stock price by the total number of shares available.

The realized cap, on the other hand, is quite different. To calculate the realized cap of Bitcoin, the price at which each Bitcoin was last traded is multiplied by the size of each of these trades.

Back in August, Bitcoin’s market dominance hit 70%, higher than the 67.5% where it currently is. However, some analysts from data and research firm Arcane Research suggested that the dominance level would be significantly higher if the realized cap is taken into consideration, as opposed to market cap.

Arcane Research at the time, proposed that the actual market dominance for the king coin would be at least 90%, leaving the rest of the market with 10%.

Recently, a Bitcoin forecast which put the asset at $16,000 for October, was trashed online when the month ended with Bitcoin just a little above $9,000. There are still many bulls who believe that Bitcoin is still set to surge before the year ends, especially as the halving is coming up next year.

Related Posts

AGII Introduces Secure Logic Shards to Streamline Autonomous Web3 Execution

AGII Introduces Secure Logic Shards to Streamline Autonomous Web3 Execution

by firstcryptonews
June 16, 2025
0

New shard-based automation architecture delivers faster, safer smart contract deployment across decentralized systems Singapore, SG – June 16, 2025 –...

Atua AI Launches Blockchain-Agnostic Computation Engine for Seamless AI Scalability

Atua AI Launches Blockchain-Agnostic Computation Engine for Seamless AI Scalability

by firstcryptonews
June 16, 2025
0

New Engine Supports Interoperable AI Automation Across Ethereum, BNB Chain, XRP Ledger, and Beyond Singapore, SG – June 16, 2025...

Atua AI Improves Developer Automation for Real-Time Multichain Access

Atua AI Improves Developer Automation for Real-Time Multichain Access

by firstcryptonews
June 12, 2025
0

Enhanced System Logic Empowers Builders With Faster, Smarter Tools Across Decentralized Ecosystems Singapore, SG – June 12, 2025 – Atua...

MEXC to List Imagen Network’s IMAGE Token, Backing Web3 Social Innovation

MEXC to List Imagen Network’s IMAGE Token, Backing Web3 Social Innovation

by firstcryptonews
June 10, 2025
0

Imagen's Airdrop+ Campaign Heats Up Ahead of Trading Launch on June 11 Singapore, SG | June 10, 2025 – In...

Imagen Network Introduces Decentralized Tools to Personalize Web3 Interactions

Imagen Network Introduces Decentralized Tools to Personalize Web3 Interactions

by firstcryptonews
June 10, 2025
0

New AI-driven modules bring user-first social experiences to decentralized environments London, UK | June 10, 2025 – Imagen Network (IMAGE),...

Atua AI Refines Workflow Flexibility to Optimize Enterprise Deployment Flow

Atua AI Refines Workflow Flexibility to Optimize Enterprise Deployment Flow

by firstcryptonews
June 10, 2025
0

Improved Automation Controls Enable Smarter, Scalable Integration for Web3 Business Operations Singapore, SG – June 10, 2025 – Atua AI...

Next Post
Levolution

Levolution - First Token Burn Completed on October 29th, 2019

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Soulmapes NFT To Launch A One-of-a-kind Bridge of Love in the Metaverse

Soulmapes NFT To Launch A One-of-a-kind Bridge of Love in the Metaverse

3 years ago
Mines of Crypto Gems is All Set to Transform the P2E Gaming Space

Mines of Crypto Gems is All Set to Transform the P2E Gaming Space

3 years ago
Alaya AI Unveils Groundbreaking Open Data Platform, Revolutionizing Web3-AI Integration

Alaya AI Unveils Groundbreaking Open Data Platform, Revolutionizing Web3-AI Integration

7 months ago
Hector Network to be Listed on Bitmart on March 10th

Hector Network to be Listed on Bitmart on March 10th

3 years ago
Bitcoin Has Set A New ‘Realized’ Capitalization Record Of $103 Billion

Bitcoin Has Set A New ‘Realized’ Capitalization Record Of $103 Billion

6 years ago
Grizzly.fi: The Platform Revolutionizing Investments in De-Fi

Grizzly.fi: The Platform Revolutionizing Investments in De-Fi

2 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

AGII Introduces Secure Logic Shards to Streamline Autonomous Web3 Execution

AGII Introduces Secure Logic Shards to Streamline Autonomous Web3 Execution

June 16, 2025

Press Release

How a $500 Investment in Alaxio Could Turn into $50,000

How a $500 Investment in Alaxio Could Turn into $50,000

June 15, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News