🚀 Bitcoin Demand Soars in the U.S.!
Bitcoin enthusiasts, rejoice! Following Federal Reserve chair Jerome Powell's comments at the Jackson Hole symposium, BTC demand in the U.S. has surged. 📈 The Coinbase Premium hit 0.11%, the highest since July, signaling a bullish trend as BTC flows from non-U.S. platforms to Coinbase.
However, the overall Bitcoin demand growth remains low and negative over the past few weeks. Despite a 6% price uptick to $65,000, realized profits were modest at $536 million. CryptoQuant highlights the need for increased apparent demand for a full price recovery. Stay optimistic, BTC believers! 🌟