Ki Young Ju, the CEO of Cryptoquant, stated this weekend that bitcoin’s bull cycle has concluded, citing a growing divergence between realized cap and market cap as evidence of a bear market. Cryptoquant CEO and Data Suggests Bitcoin’s Bull Cycle Concludes Realized cap, an onchain metric tracking the average cost basis of BTC holdings, reflects […]
Source: https://news.bitcoin.com/realized-cap-vs-market-cap-cryptoquant-ceo-points-to-bitcoin-bear-phase/
Realized Cap vs. Market Cap: Cryptoquant CEO Points to Bitcoin Bear Phase
