Bitcoin’s $4.4 Billion Supply Glut: Institutional Flight Dampens Recovery Prospects
Bitcoin (BTC) navigates a precarious equilibrium around the $60,000 mark, yet the path to a robust recovery appears increasingly challenging. A significant imbalance between supply and institutional demand is fueling a substantial ‘supply overhang,’ threatening to suppress price appreciation in the near term. Institutional Exodus and Bitcoin’s Supply Dynamics Recent data from Glassnode reveals a … Read more
