Bitcoin's 'realized cap' holds at record high over $1 trillion, casting doubt on four-year cycle
Affected assets and topics
Why it 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.
Article tone
Expected market reaction
Market impact analysis based on bullish sentiment with 66% confidence.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 24196
Original source
A very supportive macro backdrop is being ignored for now, said Bitwise's Andre Dragosch.
Read the full article on CoinDesk
Original article published by CoinDesk on December 18, 2025. Analysis and insights provided by AnalystMarkets AI.