Bitcoin rally cools as CryptoQuant's Bull Score nears 90/100 while spot demand shrinks by 170,000 BTC
- —CryptoQuant's Bull Score hit 90 out of 100 after the 365-day moving average break
- —Spot demand contracted by roughly 170,000 BTC over the past 30 days
- —Speculative futures demand growth fell from 164,000 to 16,000 BTC in 15 days
- —Altcoin exchange deposits hit their highest level since October 2025
Why it matters: Without fresh demand and with futures growth stalling, near-term upside for bitcoin becomes harder to sustain as sell pressure builds.
Source: CoinDesk