Bitcoin spot demand contracts at fastest pace since January 10
Bitcoin's spot demand is declining at the fastest rate since January 10, raising concerns about the sustainability of its recent price rally. Despite a significant price increase in April, the demand for Bitcoin has remained negative, indicating more selling than buying. Recent data suggests that investor interest, particularly from the US, is also cooling off.
- ▪Bitcoin's spot demand has been in negative territory since late November 2025.
- ▪The latest reading shows a 30-day rate of decline accelerating to levels not seen since early January.
- ▪The rally in April was primarily driven by perpetual futures trading rather than spot buying.
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Bitcoin spot demand contracts at fastest pace since January 10 CryptoQuant data shows organic buying interest is evaporating even as Bitcoin prices hold near recent highs, raising questions about the sustainability of the rally. Share Add us on Google by Editorial Team May. 23, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Bitcoin’s spot market is sending a warning signal that price charts alone won’t show you.
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