### Cryptocurrency News
- Demand in the cryptocurrency market has declined significantly since March 2024, when the all-time high of $73,000 was reached.
- Daily new capital inflows into the Bitcoin network are around $0.73 billion, significantly lower than the peak of $2.97 billion.
- The reduction in available supply, including short-term and highly liquid stocks, indicates a preference for HODLing among investors.
- Activity in the futures markets has also declined, indicating a reduction in speculation and investor attention.
- The Liveliness metric shows a persistent trend towards HODLing, which further narrows the available supply.
- The market is experiencing a unique period of equilibrium between supply and demand, which may foreshadow increased volatility in the future.