“No New Money Is Entering Bitcoin”, Say Cryptoquant Analysts

The post “No New Money Is Entering Bitcoin”, Say Cryptoquant Analysts appeared first on Coinpedia Fintech News

Bitcoin has been holding above key support levels, but CryptoQuant analyst Alex Adler Jr. says no fresh capital is flowing into Bitcoin. At the same time, ETF investors are reducing their exposure, while more than half of Bitcoin’s circulating supply is now being held at a loss. With demand weakening and ETF flows turning negative, …