Bitcoin Reaches New All-Time High, Ethereum Soars Alongside

Bitcoin has just hit a historic milestone, exceeding $107,000 for the first time ever. This surge, nearing its December 2024 record of $109,000, has driven a significant shift in Bitcoin’s market value. Notably, Realized Cap, reflecting the total cost basis of all coins in circulation, is now at an unprecedented level, surpassing $900 billion. This signifies the scale of the recent capital influx into the ecosystem. 📈 As investors capitalize on profits and move towards risk-off strategies, short-term holders have contributed a staggering $11.4 billion to this surge within the past month, including over $747 million in realized profits over a single day. 💰