Bitcoin dip buyers nibble at BTC range lows but are risk off until $90K becomes support

Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics platform pointed out that despite the realized cap milestone, the monthly growth rate of the metric has dropped to 0. 9% month over month, which implied a risk-off sentiment in the market. Bitcoin realized cap net position source: https://cointelegraph.com/news/bitcoin-dip-buyers-nibble-at-btc-range-lows-but-are-risk-off-until-90-k-becomes-support?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound