Bitcoin Demand Wanes: Market Turns Cautious

Recent weakness in Bitcoin demand is causing structural vulnerabilities within the cryptocurrency market, leading investors to adopt a more defensive approach. Key metrics like Bitcoin’s liquidity and short-term holder losses are rising, signaling potential for further declines. Experts from on-chain analytics platforms such as CryptoQuant and Glassnode attribute this downturn to slowing ETF accumulations and diminishing retail demand. This decline has impacted the broader cryptocurrency market, with key tokens like BTC and ETH facing pressure.