Several key Bitcoin metrics are in the dumps, but there may be a silver lining. Amid Bitcoin's price struggles, which have seen it swing wildly between mid-$80,000 and the $100,000 level over the past few weeks, market sentiment has been in decline. According to the Fear and Greed Index, this culminated in an extended Extreme …
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New observations by Ki Young Ju, the CEO of CryptoQuant, show that the Bitcoin market is decelerating, fueled primarily by changing sentiment in the United States. In a recent post on X, Ju pointed out that although important on-chain metrics are neutral, the bull cycle for Bitcoin remains intact. Nevertheless, without altering U.S. market conditions, …
