93% of Bitcoin Holders in Profit as BTC Market Cap Tops $2 Trillion

In Brief:

Over 93% of BTC holders are currently in profit, according to IntoTheBlock.

Btcoin's market cap has surpassed $2 trillion despite slowed retail demand.

Bitcoin continues to show strong fundamentals despite market consolidation, with data from IntoTheBlock revealing that over 93% of BTC holders are in profit. This high level of profitability underscores the resilience of the world’s largest cryptocurrency, even as it trades sideways between $107,000 and $110,000.

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Bitcoin’s market capitalization has now exceeded $2 trillion, and its dominance in the crypto market stands at 64%, according to CoinMarketCap. This means Bitcoin now makes up nearly two-thirds of the total crypto market value, suggesting investor preference for BTC as a safer asset during market uncertainty.

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However, despite institutional inflows and a solid 15% year-to-date gain, Bitcoin’s momentum appears to be cooling. CryptoQuant data shows that overall demand has shrunk by nearly 895,000 BTC over the past month, likely due to waning retail participation. Much of the price action is now being driven by large holders, such as Strategy (formerly MicroStrategy), which continues to accumulate.

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As U.S. stock markets hit record highs, Bitcoin is lagging behind in breakout performance. Analysts note that unless new retail or institutional demand emerges, BTC may continue trading within its current range.

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