Dossier
spot demand
Coverage of spot demand in the Nexus archive.
- CryptoQuant says bitcoin’s April price surge was ‘speculative’ as spot demand remains weak, warns of correction risk
Bitcoin's price increased by 20% in April, but the rise was attributed to speculative perpetual futures demand rather than strong spot demand, according to CryptoQuant. The firm warned of a potential market correction due to weak foundational demand.
- Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant
Bitcoin's April price rally was driven by futures trading rather than spot demand, according to CryptoQuant. The firm warned that declining spot demand historically precedes extended price declines, signaling potential risks for Bitcoin's future performance.