Bitcoin Near Realized Price as ETF Demand Turns Negative

TLDR CryptoQuant identifies $53,600 as Bitcoin’s realized price and a potential bottom zone. Bitcoin traded near $62,150 after falling to around $59,000 last week. Total Bitcoin demand dropped by 652,000 BTC, the largest weekly contraction since January 2022. One-year apparent demand growth turned negative and fell below its moving average. Thirty-day ETF demand growth declined [...]

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