Bitcoin Faces Cooling Demand as US Buyers Pull Back

Since clinching a new all-time high of $122,920 on Monday, Bitcoin’s price has trended sideways, reflecting the slowdown in market momentum.   The muted price action comes as many traders take profits after the recent surge, while on-chain indicators point to fading appetite from US-based investors. BTC Price Pauses Rally as US Investors Step Back On-chain data shows a marked dip in trading activity among US participants over the past week. This increases the risk of an extended consolidation phase, or even a short-term correction source: https://beincrypto.com/btc-price-faces-cooling-demand-from-us-buyers/