Analyst: Bitcoin demand monthly growth rate hits a new high since April this year
ChainCatcher news, CryptoQuant analyst Julio Moreno posted on the X platform that Bitcoin demand seems to be recovering. Since April 22, Bitcoin demand has been growing at the fastest monthly rate. Although the demand momentum is still in the negative range (red bars), indicating that selling volume still exceeds buying volume, the degree of this imbalance has eased.
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