Bitcoin Boasts Record Profitability as Ethereum Stumbles

Bitcoin is currently experiencing a surge in profitability, outperforming Ethereum by over 85% according to realized capitalization data. This trend reflects investor confidence in the leading cryptocurrency. Since the collapse of FTX in November 2022, Bitcoin has seen impressive growth, reaching $468 billion and growing by 117%. In contrast, Ethereum’s growth stands at just $61 billion with a mere 32% increase. Realized capitalization, which factors in the price movement of each unit on the blockchain, offers a more reliable picture than market capitalization in assessing investor sentiment.