Bitcoin adds $732B in new capital this cycle as market structure transforms
Bitcoin attracted a record $732 billion in new capital since the 2022 low, signaling a structural market transformation driven by institutional adoption.Summary
A joint report from Glassnode and Fanara Digital indicates that Bitcoin has attracted a record $732 billion in net new capital since the 2022 cycle low, surpassing the capital from all previous cycles combined. This massive inflow has pushed the realized cap to approximately $1.1 trillion and reflects a profound structural transformation in the market, largely due to institutional adoption and regulated vehicles like spot ETFs. Furthermore, Bitcoin's long-term volatility has nearly halved, suggesting a transition toward a more institutionally anchored asset. For the current recovery to sustain, breaking the resistance at $93,000 is crucial, as this level is key to potentially driving the price toward $98,000, supported by potential short liquidations.
(Source：Cointelegraph)