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CryptoQuant data shows $697 billion in new capital drove only 689% gain in Bitcoin’s latest cycle

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2 outlets - including Coinotag and Coin-turk - are covering this story. Bitcoin News Bitcoin’s capital efficiency has fallen sharply, with the current cycle absorbing roughly $697 billion in fresh money to produce a gain of about 689%. On-chain data covering flows sinc...

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CoinOtag Jul 4, 08:39 UTC

Bitcoin’s $697 Billion Cycle Delivered Only a 689% Gain

Bitcoin News Bitcoin’s capital efficiency has fallen sharply, with the current cycle absorbing roughly $697 billion in fresh money to produce a gain of about 689%. On-chain data covering flows sinc...

CryptoQuant data shows $697 billion in new capital drove only 689% gain in Bitcoin’s latest cycle
CoinTurk News Jul 4, 07:34 UTC

CryptoQuant data shows $697 billion in new capital drove only 689% gain in Bitcoin’s latest cycle

🚨 $697 billion entered Bitcoin’s latest cycle but fueled just a 689% increase in $BTC. 📉 Each new cycle shows bigger capital flows but smaller percentage gains. 🏦 Institutional adoption is seen as key for the next major jump. Continue Re…