Market News / Story
Bitcoin monthly ‘new money’ inflows near $5B as BTC price rally stalls
Cointelegraph ·
Cointelegraph reports: Bitcoin (BTC) price gains do not yet reflect enough new capital entering the market, analysis warns. Key points: Rolling 30-day cumulative inflows of “new money” to Bitcoin reached $4.9 billion on Oct. 5, per Glassnode data. Existing investors still accounted for three-fifths of the $12.8 billion growth in realized cap in that period. Short-term holders accounted for more than 80% of profit-taking above $85,000. Bitcoin capital inflows not responsible for realized cap…