Bitcoin speculative appetite declines as investors seek safety

Speculative appetite is vanishing from the crypto markets, as investors are looking for safer digital asset investments following the recent wave of memecoin scams and macroeconomic uncertainty. Bitcoin’s hot supply metric, which measures the Bitcoin (BTC) aged one week or less, is down over 50%, from 5.9% at the end of November to just 2.3% on March 20, Glassnode data shows source: https://cointelegraph.com/news/bitcoin-speculative-appetite-declines-investors-seek-safety?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound