Data: Bitcoin has achieved a market capitalization of nearly 600 billion US dollars, indicating increased investor confidence after halving

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Bitget2024/06/04 07:36

ChainCatcher news, Glassnode data shows that the realized market value of Bitcoin has significantly increased, approaching 600 billion US dollars, reflecting investors' increased confidence after the halving event in 2024.

In addition, recent realized profits from Bitcoin have significantly increased, reaching a peak of 3.3 billion US dollars in early April, indicating that investors have made substantial profits. Despite these sell-offs, overall market trends suggest that investors will continue to accumulate Bitcoin within 2024, indicating its strong potential demand. This dynamic emphasizes the resilience of the market amidst short-term fluctuations.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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