ANALYSIS: Bitcoin's Short-Term Demand Momentum Continues to Weaken as Active Capital Indicator Falls 66.7% from Last December's Peak
Bitcoin's short-term demand momentum continues to wane, according to data released by glassnode on the X platform. A key indicator shows that “Hot Capital” (capital re-entered the market in the last 7 days) has fallen a whopping 66.7% to $32 billion from a peak of $96.2 billion on December 12th.
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