Institutional Bitcoin Demand Wanes: $4.4 Billion Supply Overhang Signals Market Weakness
Bitcoin (BTC) has recently stabilized around the $60,000 mark. However, a closer examination of market dynamics reveals a challenging environment for a sustained recovery. Institutional demand for the flagship cryptocurrency is significantly lagging behind available supply, creating a notable market imbalance. The Looming $4.4 Billion Supply Overhang Recent data from Glassnode highlights a critical trend: … Read more