people have invested over $600 billion in #Bitcoin for the first time in total
Discussion
So with a market cap of ~$1.3T, if $0.6T have been spent in all time the Bitcoin network delivers a 2.2 : 1 return on investment over the long term. Nice. Quite different from the 50x or 100x multiplier numbers you see thrown around.
recent uptrends in the realized cap metric imply activity at the current price level
so 65k is becoming a new baseline