Bitcoin monthly ‘new money’ inflows near $5B as BTC price rally stalls
The article indicates that despite Bitcoin's monthly 'new money' inflows approaching $5 billion and contributing to its overall market valuation, a detailed analysis by Glassnode reveals a critical aspect of this capital's origin. During the 30-day period leading up to October 5, the increase in Bitcoin's realized capitalization was predominantly driven by existing Bitcoin holders. This suggests that the market's recent growth stemmed more from internal movements, accumulation, or reinvestment by current participants rather than a significant influx of fresh, external capital, a trend observed concurrently with a reported stall in the Bitcoin price rally.
Fuente: Cointelegraph Bitcoin
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