Bitcoin Shows Declining Capital Efficiency Across Cycles; Current Bull Run Attracted $697B for 689% Gain
According to CoinDesk citing CryptoQuant data, Bitcoin has demonstrated declining capital efficiency across successive bull-bear cycles. The current cycle since 2022 has attracted approximately $697 billion in net inflows but generated only 689% gains, compared to earlier cycles: the 2011 cycle
BTC0.91%
GateNews·07-04 08:15
