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Bitcoin (BTCUSD) Dives as Demand Gauge Hits 7-Month Low Amid Supply Glut

CryptoProwl Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin demand has fallen to December lows despite price recovery to $77k.
  • CryptoQuant's 30-day metric shows minus 147k BTC, indicating more supply than buyer absorption, signaling weakness.
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Stored market data

BTCUSD price history

77686.12 +15.96% over the displayed period

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