{"id":5305,"date":"2025-06-16T05:00:31","date_gmt":"2025-06-16T05:00:31","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-656-cyclical-gain-highlights-deep-market-demand-glassnode\/"},"modified":"2025-06-16T05:00:31","modified_gmt":"2025-06-16T05:00:31","slug":"bitcoin-656-cyclical-gain-highlights-deep-market-demand-glassnode","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-656-cyclical-gain-highlights-deep-market-demand-glassnode\/","title":{"rendered":"Bitcoin 656% Cyclical Gain Highlights Deep Market Demand \u2013 Glassnode"},"content":{"rendered":"

The Bitcoin market continues to react negatively to rising geopolitical tensions between Israel and Iran which has induced a wave of concern in the financial markets.\u00a0<\/p>\n

Notably, the premier cryptocurrency has entered a consolidation movement between $105,000 – $106,000 following slight, after prices crashed to below $103,000 on Friday.<\/p>\n

Meanwhile, prominent analytics company Glassnode has shared some valuable insight into the Bitcoin market dissecting the growth of the current bull cycle so far.\u00a0<\/p>\n

Bitcoin Demand Matches Maturation Rate\u00a0<\/b><\/h2>\n

In an X post<\/a> on June 14, Glassnode draws comparisons of Bitcoin price growth in the present market cycle to previous ones.\u00a0<\/p>\n

Notably, the crypto market cycle is a recurring four-year period marked by consecutive phases of accumulation, a bull market, distribution and a bear market. In the last two cycles i.e 2015-2018 and 2018-2022, Bitcoin achieved price gains of 1076% and 1007%, respectively,\u00a0 significantly multiplying its market cap.\u00a0<\/p>\n

\"Bitcoin\"<\/p>\n

For the current cycle from 2022 till date, Bitcoin\u2019s prices have now grown by 656%. While this figure is far off previous cycles, Glassnode reports that it’s a commendable achievement considering the premier cryptocurrency\u2019s maturation in the past four years marked by an exposure to institutional investors and a $2 trillion valuation.\u00a0<\/p>\n

Generally, assets are expected to produce little exponential growth with continued price growth. This can be seen with gold only achieving an estimated 192% growth over the past 10 years.\u00a0<\/p>\n

Therefore, Glassnode notes that Bitcoin\u2019s 6x market gain since 2022 is highly positive development that reflects a sustainable market demand even as the asset\u2019s market cap grows.\u00a0<\/p>\n

Bitcoin Market Overview<\/b><\/h2>\n

At the time of writing, Bitcoin continues to trade at $105,540 following a slight 0.20% gain in the past 24 hours. Meanwhile, the asset\u2019s daily trading volume is down by 35.39% representing significant fall in market participation.\u00a0<\/p>\n

Interestingly, reputable analytics firm Sentora reports the Bitcoin network weekly fees fell by 3.31% following recent negative political events coupled with an already uncertain market sentiment.\u00a0<\/p>\n

Meanwhile, exchange inflows also grew by $2.4 billion indicating a significant amount of investors are looking to distribute their holdings while the premier cryptocurrency struggles to re-establish a bullish price direction.\u00a0<\/p>\n

Notably, since establishing a new all-time high at $111, 891 on May 22, the maiden cryptocurrency has experienced a significant price correction with prices dipping as low as below $101,000 amidst a host of negative micro-economic events.\u00a0<\/p>\n

However, the prevailing sentiment among Bitcoin investors remains bullish according to Coincodex data<\/a> with the Fear & Greed index at 63 to reflect a solid level of Greed.\u00a0<\/p>\n

\"Bitcoin\"<\/p>\n","protected":false},"excerpt":{"rendered":"

The Bitcoin market continues to react negatively to rising geopolitical tensions between Israel and Iran which has induced a wave of concern in the financial markets.\u00a0 Notably, the premier cryptocurrency has entered a consolidation movement between $105,000 – $106,000 following slight, after prices crashed to below $103,000 on Friday. Meanwhile, prominent analytics company Glassnode has…<\/p>\n","protected":false},"author":1,"featured_media":5306,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,2648,35,36,952],"class_list":["post-5305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-market-demand","tag-btcusd","tag-btcusdt","tag-glassnode"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=5305"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5306"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}