Bitcoin Sees Renewed Strength: Bullish Signals from On-Chain Data & Institutional Interest

Data suggests that the Bitcoin market is experiencing a bullish resurgence. On-chain indicators, including rising realized market capitalization and increased investment by institutions, point to continued growth. According to Bitfinex’s Alpha blog, the Bitcoin realized market cap has recently climbed to $889 billion, signifying substantial buying activity. This metric better reflects actual capital flowing into the market compared to traditional market capitalization which is based on current price levels.