11 Bitcoin blockchain metrics TradFi organizations should watch

cointelegraph.com:

Many who aren’t crypto industry insiders may view “Bitcoin” and “crypto” as basically synonymous. While members of the traditional finance industry know that there’s much more to crypto than Bitcoin, they also know that Bitcoin’s performance and health serve as a bellwether for the acceptance and growth of the overall crypto industry. 

Monitoring select blockchain metrics can help financial institutions and investors gauge market sentiment, predict changes in values and identify investment risks and opportunities not only in terms of Bitcoin, but also the larger crypto industry. Below, 11 members of Cointelegraph Innovation Circle detail Bitcoin blockchain metrics TradFi organizations would be wise to watch.

Realized cap is an on-chain metric that shows the total sum of profits and losses from all on-chain sales and purchases. An increasing realized cap would mean new investors are buying and selling Bitcoin (or any other cryptocurrency) for higher prices. This also means that the net sum of trades is in profits, and therefore, people are now bullish on Bitcoin. – Abhishek Singh, Acknoledger

Bitcoin halving should be considered by financial institutions because it can influence Bitcoin’s price through altered supply dynamics, potentially impacting miner profitability and network security. Halving can indicate broader mainstream adoption trends, present speculative opportunities and serve as a focal point for educational and marketing initiatives within the finance sector. – Irina Litchfield, Lumeria

As financial institutions explore cryptocurrencies, they should focus on a key Bitcoin blockchain measure: the hash rate. The hash rate measures the network’s strength and security by gauging its computational power. Keeping an