출처: Block Media
Title: Bitcoin Surges to $120,000 Before Retracing as Realized Market Cap Climbs Past $1 Trillion
Bitcoin (BTC), the leading cryptocurrency, recently soared to a record-breaking price of $120,000 before undergoing a correction phase. While price volatility remains a hallmark of the crypto market, groundbreaking on-chain data highlights Bitcoin’s continued growth and adoption.
According to CryptoQuant’s report on October 18, Bitcoin's realized market capitalization has surpassed $1 trillion for the first time in its history. The realized market cap is a unique metric for evaluating the network's value, as it only considers the price of each Bitcoin when it was last moved on-chain. By focusing on actual invested value rather than speculative pricing, this metric offers a deeper insight into Bitcoin’s genuine strength compared to traditional market capitalization.
Market analysts consider this milestone a notable achievement, especially as it occurs during a correction. The reaching of a $1 trillion realized cap indicates Bitcoin’s transition into a mature and resilient asset class, capable of weathering market fluctuations.
Axel Adler, a prominent digital asset analyst, weighed in on the significance of this development. “Realized market capitalization filters out speculative trends and highlights the actual underlying value of Bitcoin holdings. This reaffirms Bitcoin’s intrinsic strength,” Adler explained. He added perspective on the sheer scale of the milestone, noting, “To grasp the enormity of $1 trillion, consider that earning $1 every second would take approximately 31,710 years to reach this figure.”
Institutional Interest and U.S. Regulatory Clarity Accelerate Bitcoin’s Growth Potential
Bitcoin’s forward momentum is further bolstered by increasing institutional demand and a rise in long-term holders. These factors coincide with promising regulatory progress in the United States, creating a fertile environment for Bitcoin’s next phase of expansion, analysts predict.
The intersection of institutional adoption and regulatory optimism is expected to enhance Bitcoin’s reputation as a reliable and influential asset in the global financial markets. Continued engagement from major players, alongside clearer legal frameworks, may amplify Bitcoin’s position as a cornerstone of digital finance.
As Bitcoin achieves record milestones and cultivates institutional trust, its pathway to sustained growth looks increasingly promising, signaling a bright future for the cryptocurrency revolution.
