Title: Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
Post by: Bitcoin on Aug 21, 2024, 09:13 pm
Post by: Bitcoin on Aug 21, 2024, 09:13 pm
Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […]
Source: Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders (https://news.bitcoin.com/cryptoquant-bitcoin-demand-remains-weak-despite-accumulation-by-long-term-holders/)
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early […]Source: Cryptoquant: Bitcoin Demand Remains Weak Despite Accumulation by Long-Term Holders (https://news.bitcoin.com/cryptoquant-bitcoin-demand-remains-weak-despite-accumulation-by-long-term-holders/)