The lead analyst at Glassnode has explained how much capital one would need to change the Bitcoin market cap by $1.
Bitcoin Realized Cap Needs To Change By This Much For $1 Market Cap Change
In a new post, the lead analyst at the on-chain analytics firm Glassnode, @_Checkmatey_, has discussed the impact of capital flowing into or out of Bitcoin on the asset’s market cap.
To make this calculation, the analyst has used the “realized cap” model of BTC. This capitalization model assumes that the real value of any coin in circulation is not the current spot price but the price at which it was moved on the blockchain.
As the realized cap includes the price every investor bought their coins at, its value essentially represents the total amount of money the holders have put into the asset. “Sure, there are nuances, but it is a pretty damn close estimation in my experience,” says the Glassnode lead.
Now, to see what the exact amount of change produced on the market cap is when this re
We współpracy z: https://bitcoinist.com/how-much-capital-1-change-bitcoin-market-cap/
