Bitcoin Price’s Rally to $100,000 Challenged By 66% Decline in Short-Term Demand

Bitcoin’s price action has been turbulent, with the leading cryptocurrency declining from its all-time high of $108,384 to a recent low of $91,350.  The significant drawdown is largely attributed to a key investor cohort stepping back, reducing short-term demand and creating bearish pressure.   Bitcoin Investors Are Pulling Back The Realized Cap by Age metric reveals a concerning trend in... source: https://beincrypto.com/bitcoin-price-stagnate-decline-demand/