CryptoQuant: Bitcoin demand has continued to weaken since December last year

PANews reported on March 15 that the on-chain analysis platform CryptoQuant tweeted that it is witnessing the weakest period of Bitcoin demand this year. Compare the new supply with the supply that has been idle for more than a year to understand the current demand dynamics. When the ratio is below 0, it indicates that demand has turned negative, which means that the number of Bitcoins actively acquired has decreased. It can be seen that demand has been weakening since December and has continued to decline over time. This suggests that investors have become more cautious amid ongoing political and economic uncertainty and may turn to lower-risk assets.

CryptoQuant: Bitcoin demand has continued to weaken since December last year

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Author: PA一线

This content is for market information only and is not investment advice.

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