Why Bitcoin’s realized cap spiked as price fell to $112k

Bitcoin’s spot price fell on Aug. 19 while realized cap climbed, a textbook case of how on-chain cost basis can advance even on a red day. The daily close dropped 2.94% from $116,284 on Aug. 18 to $112,861 on Aug. 19. The realized cap rose by $1.172 billion over the same window, from $1.038456 trillion The post Why Bitcoin’s realized cap spiked as price fell to $112k appeared first on CryptoSlate.