Cryptocurrency26 May 2026SEO 801 min read

Analysis: Bitcoin demand gauge sinks to worst level since December as spot buying weakens

CryptoQuant’s 30-day apparent demand indicator is negative, signaling that buyers aren’t absorbing the available supply and leaving the market vulnerable. Bitc…

CryptoQuant’s 30-day apparent demand indicator is negative, signaling that buyers aren’t absorbing the available supply and leaving the market vulnerable. Bitcoin has rebounded into the mid-$70,000s since February, but on-chain data show apparent demand has slumped to its weakest level since December 2025, with more coins hitting the market than buyers are absorbing. The rally has been driven more by futures than by spot buying, as evidenced by a persistently negative Coinbase Premium, leaving…

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