Bitcoin Metrics Sign Weak Demand as BTC ETF Hype Slows: CryptoQuant

Bitcoin Metrics Sign Weak Demand as BTC ETF Hype Slows: CryptoQuant

by Jeremy

CryptoQuant cited its demand indicator, which tracks the distinction between the every day complete bitcoin block rewards and the every day change within the variety of bitcoin that has not moved in a single 12 months or extra. Bitcoin rewards earned by miners are usually bought to cowl operations, however a rise in promoting from massive holders signifies a waning demand for the asset.

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