Bitcoin Lacks Fresh Momentum As Realized Cap Growth Still Declining

On-chain data shows the Bitcoin Realized Cap Growth indicator has continued to decline recently, a sign new capital inflows lack momentum.
Bitcoin Realized Cap Growth Has Been Heading Down Recently
As explained by CryptoQuant community analyst Maartunn in a new post on X, the Bitcoin Realized Cap Growth has been trending lower recently. The “Realized Cap” is an on-chain capitalization model for BTC that calculates its total value by assuming the value of each individual token is equa