Bitcoin.com
December 20, 2025 4:04 PM UTC

Bitcoin’s Cycle Turns as Cryptoquant Flags Demand Slowdown

Bitcoin’s latest market phase looks less like a pause and more like a pivot, as Cryptoquant researchers say onchain demand exhaustion is now signaling the early stages of a bear market, according to a new analysis. Analysis Warns Bitcoin Demand Growth Is Now Below Trend Cryptoquant’s latest report argues that most of this cycle’s incremental

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