Demand Multipliereffect Multipliereffect
Bitcoin
This measures the 365-day multiplier of market cap change per unit of realized capital inflow.
Why it matters
It quantifies how strongly new invested capital amplifies market valuation over a year.
How it is built
The yearly change in market cap is divided by the change in realized cap.
What to watch
A high multiplier reflects reflexive, momentum-driven markets; a low one reflects a grounded, liquid market.
Related metrics
- Demand Rcapliquiditycycle Rcapliquiditycycle
- Demand Marketcapgainedperdollar Marketcapgainedperdollar
- Demand Capitaltovaluationratio Capitaltovaluationratio
- Apparent Demand
- Demand Realisedcap Fundamentals Realisedcap Fundamentals
- Demand Inflowcomparison 2024 01 01 Inflowcomparison 2024 01 01
- Demand Inflowcomparison 2015 01 01 Inflowcomparison 2015 01 01
- Demand Demandflow Comparison 30 Demandflow Comparison 30

