News with the tag "apparent demand"

As Bitcoin (BTC) edges closer to the psychologically significant $100,000 milestone, several technical and on-chain indicators suggest that a major breakout could be on the horizon. One such metric – Bitcoin’s Apparent Demand – has shown a strong rebound, signalling renewed interest and sustained ac...

Bitcoin has observed a rally beyond the $71,000 level during the past day as on-chain data shows demand for the coin has notably increased. Bitcoin Apparent Demand Has Spiked To Notable Positive Levels Recently As an analyst in a CryptoQuant Quicktake post explained, the demand for Bitcoin has appea...

New data from market intelligence firm CryptoQuant reveals that new Bitcoin (BTC) wallets are now holding a staggering 9.3% of the crypto king’s total supply. In a thread on the social media platform X, CryptoQuant chief executive Ki Young Ju says that new Bitcoin whale wallets have seen their balan...

On-chain data shows the Bitcoin ‘Apparent Demand’ indicator has flipped back to positive. Here’s what this could mean for the asset’s price. Bitcoin Apparent Demand Has Surged Back Into Positive Territory In a new post on X, Ki Young Ju, the founder and CEO of the on-chain analytics firm CryptoQuant...