CryptoQuant: The growth of Bitcoin spot demand is shrinking
CryptoQuant Research Director Julio Moreno posted on platform X, asking why the price of Bitcoin is falling. Simply put, the current demand for Bitcoin spot is shrinking, while at the same time short positions in Bitcoin dominate the futures market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Launches RWA Index Perpetual Contracts, Debuts TSLA, NVDA, and CRCL
On-chain Stock Trading Platform StableStock Completes Seed Round with Participation from YZi Labs and Others
ING: RBNZ Decision Signals Potential for More Aggressive Rate Cuts in the US and UK
Game Asset Trading Platform OVERTAKE Secures $7 Million in Strategic Funding with Participation from Sui and Others
Trending news
MoreCrypto prices
More
