Where the Demand Comes From as Bitcoin Breaks Through $82K: Arbab Asim

As bitcoin hits new highs, it's helpful to examine the data to understand where the demand is coming from.

Last week, bitcoin rallied 17%, its second-best week of the year.

Bitcoin's spot volume on Coinbase soared, nearing the March 2024 high.

Exchange balances for the largest cryptocurrency hit a year-to-date low, a sign of increased buying pressure, according to Glassnode data.