Add as a preferred source on GoogleBitcoin Total Demand Returns Positive as Spot Demand Recovers
Total demand topped 14,000 BTC, while spot demand improved to roughly negative 17,000 BTC from negative 207,000 BTC on Sept. 20.
Bitcoin (BTC) total demand has returned to positive territory above 14,000 BTC as prices fall and market demand gradually recovers.
Spot demand stands at roughly negative 17,000 BTC, a significant improvement from negative 207,000 BTC on Sept. 20. The measure remains below zero but has recovered substantially from its September level.
Futures demand has remained relatively stable, averaging about 32,000 BTC recently. Spot demand has improved while futures demand has remained relatively stable.
Bitcoin prices are falling while market demand is gradually recovering.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.