Bitcoin demand has weakened significantly since April, even as long-term investors' holdings reached record levels.
Bitcoin network fees have significantly decreased due to reduced demand following the post-halving period, resulting in a three-month low.
Bitcoin miners are ramping up sales as demand for BTC slows, reflected in less interest from whales and few institutional investments, as analyzed by CryptoQuant.
Dogecoin has seen a surge in new addresses, but this hasn't translated into parallel increases in demand and price, presenting a quandary for traders considering it as a buy signal.
Despite a price dip, Ethereum (ETH) sees a surge in investor demand, attributed primarily to retail users jumping on the ETH bandwagon.
Alejandro De La Torre, CEO of DEMAND, warns about the centralization of Bitcoin mining and aims to empower solo miners through his company.
The article discusses a 9% gain in Bitcoin value post-halving and explores what factors could drive BTC to reach $150K in the current cycle amidst concerns of weakened demand.
Grayscale predicts that while inflation may initially harm crypto, sustained inflation will boost cryptocurrency demand and sentiment.
Demand for Bitcoin ETFs is soaring, outstripping supply by 600% as investors eagerly accumulate BTC ahead of the anticipated halving event, which could potentially drive up Bitcoin's value.
