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Demand for Bitcoin on spot market remains low
According to the latest data from
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According to the latest data from CryptoQuant, there is a significant weakening of demand for Bitcoin, despite ongoing activity from institutional investors. The report indicates that spot demand for the leading cryptocurrency remains in a phase of deep contraction. A more worrying signal is the sharp decline in visible demand growth over the past 30 days, which points to a market imbalance. The current conjuncture suggests that selling pressure continues to outweigh buying interest. This may indicate market participants' uncertainty or
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Jakub Novak,
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