Post
Bitcoin's demand has decreased significantly, reaching -3,138 BTC on May 21, marking its lowest level since mid-January. According to NS3.AI, both Glassnode and CryptoQuant have reported a decline in spot demand, spot market activity, and U.S.-listed spot BTC ETF holdings. This downturn comes as Bitcoin trades near its true market mean, hovering around key support levels.
$BTC
#OKXPizzaDay #CoinMoveAlert #BTCReserveCodified
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$77,501.4-0.16%
ETH/USDTEthereum
$2,125.5-0.07%
HYPE/USDTHYPE
$62.03-0.94%