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CryptoQuant says Bitcoin rebound is fading as spot demand stays weak

NewsFeeds update

CryptoQuant says Bitcoin failed to hold its rebound above $80,000 and fell back to $75,000-$76,000 as US tech and AI stocks sold off. It says spot demand, ETF flows and stablecoin liquidity must improve for a sustained recovery.

BitcoinOdailyAIBearish

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The story so far: CryptoQuant analyst on weak BTC demand

CryptoQuant analysts have flagged weak bitcoin demand, with a contributor attributing a pullback to weak spot demand and a nearly 10% drop in futures open interest. CryptoQuant now says a sustained recovery needs stronger spot demand and broader accumulation. It says Bitcoin failed to hold above $80,000 and fell back…

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  1. CryptoQuant says Bitcoin rebound is fading as spot demand stays weak

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