Bitcoin has reclaimed the $1T market cap, a key milestone, for the first time since December 2021. It now has a bigger capitalization than giants such as Walmart, Tesla, or even Berkshire Hathaway. However, for valuing digital assets like BTC, market cap has its limitations.

For deeper insights into actual capital inflows that can be readily incorporated into directional trading strategies, explore the Realized Cap, a key on-chain metric. Valuing each coin at the price of its last move, it makes a superior metric for gauging true trends and momentum.

To learn about this foundational on-chain metric, click here: https://insights.glassnode.com/the-realized-cap-foundation/