MVRV Spike Hints Bitcoin Market Could Be Heating Up
By: crypto news flash|2025/05/02 18:15:01
0
Share
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

Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’
Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."

Under Political Pressure, Is the Federal Reserve Still Independent?
Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.

Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...
Powell's reform blueprint not only looks bold and ambitious, but also directly targets many vulnerabilities of the Federal Reserve. Facing the upcoming Senate confirmation hearing, how will this Fed's presumptive new "helmsman" reshape the future of the world's largest central bank?

ZachXBT vs. RAVE: Is a “Clean” Market Really What Speculators Want?
While cleaning up manipulation, it may also involve cleaning up liquidity

Arbitrum Poses as Hacker, 'Steals' Back Money Lost by KelpDAO
Even though Arbitrum wielded the admin key, the battle is far from over.

Without Cook's Apple, Can it Still Grow in the AI Era?
The iPhone Remains at its Peak, But Apple is at a Turning Point

Saylor's Bitcoin Holdings Surpass BlackRock, How Does This "Bitcoin Financing Machine" STRC Work?
Funding Cap is not equal to Execution Path; whether Bitcoin can cooperate is the true variable.

What Is RWA? What Is RWA in Crypto (Complete 2026 Guide)
Wondering what is RWA in crypto? We explain what RWA is, break down RWA tokenization in simple no-jargon terms, and cover why it's 2026's hottest crypto narrative.

What Is the KelpDAO Attack? What It Means for Aave Users in 2026
KelpDAO suffered a $292M rsETH exploit on April 18, 2026, triggering Aave market freezes and $13B DeFi outflows. Here’s what happened, whether Aave is safe now, and what users should do next.

Is your gold really "within reach"? The geographical blind spots of custodial services behind tokenized gold
When "complete physical support" does not equal "truly desirable," the risks are just beginning to emerge.

Cook Passes the Baton, Anthropic Gears Up | Rewire News Morning Brief
In the window of AI reshaping the hardware landscape, Apple has chosen a Maker

Will the Fed Cut Interest Rates Again? Tonight's Data Is Key
Citi believes geopolitical turbulence is temporary and the rate cut trajectory remains unchanged. Meanwhile, Deutsche Bank warns that the policy has reached a neutral stance, with no interest rate cuts in the foreseeable future.

The person taking over Apple has to do something he has never done before
Software, AI, services—areas he never directly controlled in his 25-year Apple career

Why Are You Always Losing Money on Polymarket? Because You're Betting on News, While The Rulebook Favors Insiders
At Polymarket, most people who bet incorrectly are not wrong in their prediction but rather in not having read the rules carefully.

Not a Price Hike, but a Supply Shortage? Oil Price Has Crossed the Threshold
A $95 Per Barrel Price Is Far From Enough to Rebalance the Oil Market

a16z: 5 Ways Blockchain Helps AI Agent Infrastructure
Artificial intelligence makes scaling cost-effective, but it is difficult to establish trust. Cryptocurrency can rebuild trust on a large scale.

Morning News | The Hong Kong Securities and Futures Commission announced the regulatory framework for secondary market trading of tokenized investment products; Strategy increased its holdings by 34,164 bitcoins last week; KAIO completed a strategic fi...
Overview of Important Market Events on April 20

What Is an XRP Wallet? The Best Wallets to Store XRP (2026 Updated)
An XRP wallet lets you safely store, send, and receive XRP on the XRP Ledger. Learn what wallets support XRP and discover the best XRP wallets for beginners and long-term holders in 2026.
Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’
Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."
Under Political Pressure, Is the Federal Reserve Still Independent?
Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.
Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...
Powell's reform blueprint not only looks bold and ambitious, but also directly targets many vulnerabilities of the Federal Reserve. Facing the upcoming Senate confirmation hearing, how will this Fed's presumptive new "helmsman" reshape the future of the world's largest central bank?
ZachXBT vs. RAVE: Is a “Clean” Market Really What Speculators Want?
While cleaning up manipulation, it may also involve cleaning up liquidity
Arbitrum Poses as Hacker, 'Steals' Back Money Lost by KelpDAO
Even though Arbitrum wielded the admin key, the battle is far from over.
Without Cook's Apple, Can it Still Grow in the AI Era?
The iPhone Remains at its Peak, But Apple is at a Turning Point

