MVRV Spike Hints Bitcoin Market Could Be Heating Up

By: crypto news flash|2025/05/02 10:15:01
Share
copy
Bitcoin’s MVRV ratio jumped 21.84% in 21 days, showing a shift in market sentiment and growing unrealized gains. Institutions and whales continue accumulating BTC, signaling strong confidence despite broader market uncertainty. The average Bitcoin holder is smiling broadly right now. In just 21 days, they saw their unrealized gains jump to 21.84%. That’s not the result of idle speculation, but rather an on-chain metric called MVRV (Market Value to Realized Value). On-chain analyst Carmelo Aleman says MVRV is one of the most accurate ways to gauge market sentiment directly from the blockchain. By comparing the current market price to the average price at which Bitcoin was last exchanged on the network, we can tell whether people are sitting on profits or are starting to bite their nails. Rising MVRV Hints at Building Bullish Pressure for Bitcoin Since April 8, 2025, Bitcoin’s MVRV has risen from 1.74 to 2.1199 as of April 29. Just imagine if you had bought Bitcoin at the average network price a while ago, you could be making a pretty penny right now without having to sell it yet. But don’t jump to conclusions too quickly. Aleman points out that historically, MVRV values ​​between 3.5 and 4 have often marked market tops. So while the current figure is still below that, the rate of increase is starting to create bullish pressure that could heat up the market at any time. Institutions Stay Confident as Realized Cap and BTC Holdings Surge Interestingly, this isn’t the only sign that the market is alive. CNF also previously reported that Bitcoin’s realized capitalization hit an all-time high. This reflects that confidence—from both institutions and retail investors—is at an all-time high. Even options volumes are up, which means traders are starting to prepare for potential near-term volatility. On the other hand, Strategy (formerly MicroStrategy) is not deterred despite just posting its fifth consecutive quarterly loss of $4.22 billion. The reason? The decline in the fair value of their Bitcoin stack. But instead of backing down, they are getting more aggressive. As of the end of April, Strategy held 553,555 BTC worth $37.9 billion, and has even announced its intention to offer $21 billion worth of shares to buy more Bitcoin. Crazy, right? Furthermore, the US government has also taken part by creating a Bitcoin reserve from digital assets seized since March. While it may not immediately cause the price to jump, many analysts believe that this could be a trigger for institutional adoption in the long term. Several states such as Texas and Florida have even begun considering creating their own crypto reserves. If this actually happens, the US could become the world’s largest Bitcoin holder—and that’s no small claim. Not only that, in the past few weeks, Bitcoin has begun to show more stable performance compared to US stocks and the dollar. This occurs amid market turmoil due to President Trump’s trade policies that have made many investors hesitant. Some observers are starting to look at Bitcoin as a hedge, a kind of “digital gold.” But don’t immediately label it as a safe haven either— BTC’s volatility is still too wild to be equated with precious metals. And, oh yeah—earlier this month, whales were recorded to have accumulated 47,000 BTC at once in a single day. Meanwhile, as of press time, BTC is swapped hands at about $96,612.49 , up 1.58% over the last 24 hours and 3.05% over the last 7 days. Buy Bitcoin Guide Bitcoin Wallet Tutorial Check 24-hour Bitcoin Price More Bitcoin News What is Bitcoin?

You may also like

Cryptocurrency people who use candlestick charts for fortune telling

When fortune telling is depicted on candlestick charts and placed within the context of the cryptocurrency world, its explosive popularity stems not from the accuracy of its mystical claims, but from the fact that traders' collective anxiety about uncertainty has finally found an outlet.

Holiday Season Markets: Understanding Low Liquidity and Trading Conditions

At WEEX, we recognize that the holiday season often brings a different trading experience for many users. As market participation slows, price behavior can feel less predictable and familiar trading rhythms may shift. For traders following AI news today or using AI trading tools, this period often highlights how market structure can influence model performance and short-term signals. Approaching these periods with clear expectations and a disciplined mindset can help traders better navigate seasonal market conditions.

Lido DAO’s Increased Development and Market Dynamics Elevate LDO Price

Key Takeaways Lido DAO’s development activities have surged by 690%, signifying substantial growth. The Lido DAO token (LDO)…

Hyperliquid Whales Shift Strategies: BTC Longs Decline, ETH Shorts Dominate

Key Takeaways A significant reduction in Bitcoin long positions has been observed on Hyperliquid, with large holders decreasing…

Token VS Equity: The Aave Controversy

This is the challenge Aave has to face, and more broadly, the challenge the entire industry has to face.

December 26th Market Key Intelligence, How Much Did You Miss?

1. On-chain Funds: $7.8M USD inflow to Hyperliquid today; $5.5M USD outflow from Solana 2. Largest Price Swings: $ISLM, $FTN 3. Top News: Trust Wallet will ensure all affected users receive refunds, users need to complete the upgrade process promptly

Popular coins

Latest Crypto News

Read more