The Daily Dive: #043 - Realized Price Breaks All-Time Highs
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The realized price of bitcoin has broken its all-time high made on May 12 earlier this year, with the metric currently at $20,200. Realized price measures the value that every UTXO on the network last moved to calculate the price of bitcoin. Whereas the market capitalization of bitcoin is calculated by multiplying the circulating supply by the spot price, the realized capitalization takes every “coin” on the market and uses the price at which the coin (or more technically: UTXO) last moved in the calculation. Thus, the realized price is simply taking the realized capitalization and dividing it by the circulating supply.
The Daily Dive: #043 - Realized Price Breaks All-Time Highs
The Daily Dive: #043 - Realized Price Breaks…
The Daily Dive: #043 - Realized Price Breaks All-Time Highs
The realized price of bitcoin has broken its all-time high made on May 12 earlier this year, with the metric currently at $20,200. Realized price measures the value that every UTXO on the network last moved to calculate the price of bitcoin. Whereas the market capitalization of bitcoin is calculated by multiplying the circulating supply by the spot price, the realized capitalization takes every “coin” on the market and uses the price at which the coin (or more technically: UTXO) last moved in the calculation. Thus, the realized price is simply taking the realized capitalization and dividing it by the circulating supply.