$310,650,079,883 The market cap is only at $310 Billion, while this number seems high. When Bitcoin last hit 12K the market cap was nearer to 400 Billion than 300. What does this mean? Well, quite obviously more capital is going into Bitcoin than the broader market. This is reflected by the low market cap in comparison to Bitcoin’s price and the fact that Bitcoin’s dominance has hit almost 68% - levels not seen since 2017.
12K again...Why?...106
12K again...Why?...106
12K again...Why?...106
$310,650,079,883 The market cap is only at $310 Billion, while this number seems high. When Bitcoin last hit 12K the market cap was nearer to 400 Billion than 300. What does this mean? Well, quite obviously more capital is going into Bitcoin than the broader market. This is reflected by the low market cap in comparison to Bitcoin’s price and the fact that Bitcoin’s dominance has hit almost 68% - levels not seen since 2017.