CryptoQuant warns Bitcoin’s $66,000 rally fueled by leverage, not spot demand

🚨 Bitcoin’s $66,000 jump was powered by leverage, not by real demand in $BTC spot trading. 📉 Spot volume stayed cool, while open interest in futures set a new all-time high this week. 📊 ETF inflows rose, but not enough to break the overall quiet spot activity. 👀 Traders focus on spot demand and the anticipated FOMC reversal ahead of the Fed meeting. Continue Reading:CryptoQuant warns Bitcoin’s $66,000 rally fueled by leverage, not spot demand The post CryptoQuant warns Bitcoin’s $66,000 rally fueled by leverage, not spot demand appeared first on COINTURK NEWS.