Bitcoin's 'realized cap' holds at record high over $1 trillion, casting doubt on four-year cycle

Market Intelligence Analysis

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Why This Matters

Bitcoin's realized capitalization has reached a record high of over $1 trillion, contradicting the traditional four-year cycle theory. This milestone is seen as a positive indicator for the cryptocurrency market. A supportive macro environment is also being overlooked.

Market Impact

Market impact analysis based on bullish sentiment with 66% confidence.

Sentiment
Bullish
AI Confidence
66%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

A very supportive macro backdrop is being ignored for now, said Bitwise's Andre Dragosch.

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Original article published by Unknown on December 18, 2025.
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