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Bitcoin Price Today: Weak Spot Demand Keeps BTC Under Pressure

1 hour ago 254
Trader at computer analyzing price charts in front of a Bitcoin symbol.

The post Bitcoin Price Today: Weak Spot Demand Keeps BTC Under Pressure appeared first on Coinpedia Fintech News

Bitcoin price today remains under pressure as spot demand continues to weaken despite periodic increases in futures trading activity. According to the analysis, combined spot and futures demand is estimated at -127,000 BTC, a level considered too weak to support a sustained uptrend. The report suggests the recent market stabilization is driven more by seller …

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