💯💯💯💰 Bitcoin Demand Still Weak, But Stablecoin Liquidity is Increasing: CryptoQuant💯💯
#Binance #news_update #tradeplane #BTC #topsignal
Historical on-chain data shows that high bitcoin (BTC) demand often precedes price recoveries and rallies; however, this is not the case at the moment. Current market dynamics suggest that such price
movements are unlikely in the near term because BTC demand growth has remained at low levels. A recent report from CryptoQuant revealed that bitcoin demand has slowed significantly since early April, when the crypto asset hovered around $70,000.
