Bitcoin Surpasses $2 Trillion Valuation with 93% of Addresses in Profit

Bitcoin shows remarkable strength, even in a slowing market. Its market capitalization now exceeds 2 trillion dollars, and most importantly, 93% of BTC wallets are currently in profit. A display of strength that speaks volumes about the resilience of the queen of cryptos.

The Majority of Bitcoin Investors in Profit After a Symbolic Threshold

The latest data from IntoTheBlock reveal a striking fact: 93% of bitcoin holders are currently “in the money,” that is, in a profit position.

This impressive figure illustrates the long-term strength of bitcoin, despite volatility cycles and correction phases. In other words, an overwhelming majority of investors – whether they bought a year ago or ten years ago – now see their portfolios in capital gains.

This performance is accompanied by another symbolic milestone: the market capitalization of bitcoin has exceeded 2 trillion dollars. A level comparable to Italy’s GDP, and higher than the valuation of many multinationals, including some of the largest tech companies.

The message is clear: bitcoin is no longer a marginal asset. It now stands as a pillar of the global financial landscape.

Another sign of its dominance: BTC today represents 64% of the total crypto market capitalization, according to CoinMarketCap.

This progress reflects a clear shift of investors towards a safer asset, at a time when altcoins suffer from increased volatility. Bitcoin is thus reclaiming its role as a digital safe haven, a status often reinforced during phases of uncertainty.

This dynamic supports analyses by experts like Arthur Hayes. According to him, bitcoin could undergo a temporary correction around $90,000, before embarking on a spectacular flight towards one million.

A bold scenario, but not unfounded: BTC’s history is marked by consolidations followed by explosive rallies. For those who know how to read the cycles, this apparent calm could precede a new bullish storm.

Institutional Demand Masks a Worrying Slowdown

Despite generally positive indicators, a worrying signal tempers the enthusiasm: according to CryptoQuant, net demand for bitcoin has dropped by 895,000 BTC in the last 30 days.

This significant decrease offsets the usually bullish effect of institutional purchases. Even though players like Strategy continue their accumulation, this dynamic is no longer enough to sustain strong market growth.

This imbalance is reflected in bitcoin’s performance against traditional indices. While the S&P 500 and Nasdaq reach new highs, BTC stagnates around $108,000.

With a gain of 15% since the start of the year, its progress remains modest compared to the historical surges that built its reputation.

Technical analysis confirms this inertia. Bitcoin currently moves within a narrow consolidation zone, between $107,000 and $110,000.

This apparent stability contrasts with a recently observed technical signal: the 90-day open interest drop, which moved into negative territory for the first time since April. This phenomenon indicates a purge of leveraged positions, often interpreted as an accumulation opportunity.

For disciplined investors adopting a DCA (Dollar Cost Averaging) strategy, this type of phase represents a strategic moment to reinforce their positions. The market becomes healthier, less exposed to speculative excesses.

Today, bitcoin appears to be entering a transition toward a more mature profile. If BTC price volatility decreases, this could signal a phase of gradual stabilization – a movement which, in the long term, would reinforce its attractiveness to major institutional investors.