In the first half of 2025, Bitcoin's realized market cap showed significant growth, indicating strong buyer interest despite recent price fluctuations.
Increase in Bitcoin's Realized Market Cap
In 2025, Bitcoin's realized market cap rose by $145 billion to reach $958 billion. This growth highlights consistent capital inflows despite recent declines in the cryptocurrency's spot price.
Indicators of Sustained Demand
The increase in Bitcoin's realized market cap suggests strong buyer interest, signaling potential market stability and ongoing investor confidence beneath volatile spot prices. The primary affected assets are Bitcoin and related tokens; however, there has been no significant impact on related assets such as ETH.
Analysis of Market Trends Ahead
Analysts believe that Bitcoin's realized market cap is a better indicator of actual capital investment compared to its spot market cap. Historical trends indicate that such changes in realized cap could predict sustained bullish conditions. Monitoring related metrics, like thermo cap and delta cap, is advised to gauge future market conditions.
The increase in Bitcoin's realized market cap signifies notable buyer interest, which could hint at potential recovery or bullish trends in the market.







