Bitcoin News: Bitcoin Realized Cap Hits $890B as Bulls Eye Breakout Toward $100K

Bitcoin’s realized capitalization has reached a new all-time high of $890 billion, fueled by sustained accumulation from both short- and long-term holders amid optimism over a potential price breakout to $100,000. Bitcoin Price Consolidates Above $96K as Realized Cap Hits Record HighOn May 7, Bitcoin’s realized capitalization — a key on-chain metric measuring the value of each BTC at its last moved price — surged to a record $890 billion, according to Glassnode data. This milestone reflects growing conviction among investors, with both long-term holders (LTHs) and short-term holders (STHs) continuing to accumulate BTC. The Bitcoin price was trading at $96,485 at the time of publication, recovering from a brief dip below $94,000 earlier in the week source: https://www.binance.com/en/square/post/23939171216497?utm_source=BinanceNewsRSS