Glassnode Highlights Bitcoin’s “Atypical” Market Cycle | Airdrop Alert Pro

According to blockchain analytics firm GlassNode, Bitcoin’s latest market cycles show “atypical” characteristics. The company highlights Bitcoin (BTC) has matured into a global asset with deep liquidity, and investors are able to trade for all time even if traditional markets are closed.

This accessibility has uniquely positioned Bitcoin in the financial sector, especially during periods of macroeconomic uncertainty.

Bitcoin’s global influence increases

According to GlassNode, Bitcoin has become a storage of value and medium of exchange. It cites more than $850 billion in net capital inflows and nearly $9 billion in daily economic sales.

In addition, such as nation-states Bhutan and Salvador Incorporate Bitcoin into its financial strategy, while discussions from the U.S. government continue to explore The role of Bitcoin as a potential strategic reserve asset.

The report also acknowledged that Bitcoin has a market capitalization of $2 trillion, ranking the seventh largest asset in the world, surpassing Silver, Saudi Aramco and the dollar. However, Pioneer Encryption’s response to global events, e.g. President Donald Trump’s tariffs, It is the key highlight.

On weekends, Bitcoin and other digital assets drop sharply In response to the Trump administration’s new tariffs Mexico, Canada and China. Bitcoin has gone through important volatility.

Bitcoin drops from $104,000 to under $93,000 Ethereum and Solana 20% was lost at that time.

According to GlassNode, the reaction reflects the role of Bitcoin as a 24/7 global asset, with investors turning in response to macroeconomic development. This and Robert Kiyosaki’s prospects The recent correction is a major wealth moment amid global economic uncertainty.

Institutional investors drive market trends

In addition, bit CIO Matt Hougansuggest President Trump recently Executive Order It may further affect the market cycle of Bitcoin. Orders affecting financial regulations and digital assets may introduce new dynamics to Bitcoin’s institutional adoption.

“IT (Executive Order) creates a pathway for the largest Wall Street banks and investors to actively enter the space. However, the full mainstreaming of cryptocurrencies is Trump’s executive order, where banks custodialize cryptocurrencies along with other assets, Stable cryptocurrencies are widely integrated into the global payment ecosystem, and the largest institutions have established a stance in cryptocurrencies – I am sure it will bring a million dollars in Kinlania. ,” Hogan Write.

Indeed, one week after the Executive Order for Digital Asset Inventory, Crypto inflows soar to $1.9 billion. This adds a series of weeks The positive flow Entering January’s digital asset investment products.

GlassNode pointed out that the Bitcoin investor base has changed and institutional investors have played an increasingly important role. Our introduction Bitcoin ETF (Exchange Trade Fund) has promoted access to regulated assets, resulting in net inflows of more than $40 billion. It also contributed more than $120 billion in consolidated assets to just one year of assets under management (AUM).

“If we dive into the IBIT investor cap table (as stated by analyst TXMC), we can see obvious signs of increased demand for institutional investors. This provides further evidence that Bitcoin is attracting increasingly complex investors. Basics,” the report’s experts read.

Glass Festival says BTC is more elastic and has less volatile.

In addition, the report cites FTX crash By the end of 2022. Since then, Bitcoin Advantages It has been on an upward trend, from 38% to 59%. This shows investors’ preference for Bitcoin over Altcoins.

Against this backdrop, the report acknowledges analysts’ views on Bitcoin’s clear currency hedging narrative and points out that wider accessibility through ETFs contributes to this trend.

“Compare the market value of 2022: Bitcoin grew from $363 billion to $1.93 trillion (5.3 times increase). Meanwhile, AltCoins (excluding Ethereum and Stablecoins) increased from $190 billion to $892 billion (4.7 times increase). ),” the report said.

Despite this disagreement, Bitcoin and altcoins are still related. The reversal of Bitcoin’s advantage may indicate that capital rotation returns to the altcoin industry, launching popular “Alt Season. “

As beincrypto ReportOn-chain data also shows that Bitcoin’s current cycle is more stable than previous cycles. The losses achieved during the market pullback are still relatively small, with the losses of volatility lower than those in the past bull market.

Analysts attribute it to a knowledgeable investor base, especially among retailers. They accumulate during corrections, rather than being sold on top. However, institutional investors, regulatory developments and increased liquidity have contributed to the more structured and mature Bitcoin market.