Glassnode: Bitcoin demand weakens as realized cap falls for first time in 28 days
- —Bitcoin's realized capitalization declined for the first time in 28 days
- —Spot ETFs saw $450.4 million in outflows on September 15 and $295.9 million on September 16
- —BTC price at $76,458 — just below the 'true market mean' of $76,700
- —Next on-chain supports: $71,300 and the $62,000–65,000 zone
Why it matters: Weak on-chain demand and ETF outflows put the $76,700 hold in question; losing the level would open the path to $71,300.
Source: Digital Today