Bitcoin Surpasses Ethereum in Realized Capitalization by 85%

Data from on-chain analytics platform Glassnode shows Bitcoin has outperformed Ethereum, increasing its realized market capitalization by over 85% since November 2022’s FTX crash. This surge signifies Bitcoin’s continued dominance as the leading cryptocurrency by market capitalization and a key indicator of investor confidence. Despite recent volatility affecting both assets, Bitcoin has experienced a significant increase in capital flow compared to Ethereum, even showing impressive growth after the shock event.