Bitcoin network transaction counts are rising significantly, reaching near all-time highs not seen since late 2024, despite the asset's price being down nearly 50% from its peak. This surge is driven by small-value transactions, including Bitcoin NFT activity and time-stamping services, rather than large economic transfers.
Bitcoin's network activity is at its strongest since late 2024, driven by a surge in small transactions and data-related use cases like Runes and Ordinals. Despite this increased usage, the price of Bitcoin has fallen significantly this year, creating a divergence between network demand and market value.
Le cours du Bitcoin a chuté sous les 63 000 $, perdant 30 % en six mois face au dollar. Malgré des indicateurs baissiers persistants, certains signaux on-chain pourraient suggérer un potentiel rebond, mais la prudence reste de mise.
Bitcoin fiyatı, Ortadoğu'daki olumsuz haberler ve Strategy'nin satışları nedeniyle yaklaşık 2 ay sonra ilk kez 70 bin doların altına geriledi. Toplam arzın %40'ı zarar bölgesine girerken, analistler dip seviyenin henüz gelmediğini belirtiyor.
Le Bitcoin, après un sommet à 126 000 $ en octobre 2025, stagne autour de 70-80 000 $ en 2026, principalement due à un ralentissement de la demande des grands portefeuilles (baleines et institutionnels) selon CryptoQuant.
Bitcoin retombe autour de 77 000 dollars après avoir échoué à franchir la moyenne mobile à 200 jours, un schéma similaire à mars 2022. La demande spéculative et les ETF BTC sont également en baisse.
Despite the short-term price recovery, Bitcoin remains in a bear market, according to CryptoQuant analyst Julio Moreno.
XRP's leverage ratio has flattened at low levels while price holds near $1.39 with an $85.7B market cap and $1.75B daily volume. CryptoQuant analyst PelinayPA notes traders reduced speculative exposure yet price didn't follow lower. With $2.48B in open interest and CME's regulated XRP futures and options now live, the market has shed crowded positioning from earlier rallies. Year-to-date institutional product flows total $147.8M with AUM at $2.6B, while XRPL network activity shows 2.7M daily payments and 35% tokenized asset growth. The cleaned-up book creates potential for sharper moves in either direction depending on whether leverage and spot demand return or fade.
Le cours du Bitcoin évolue autour des 80 000 $, mais un indicateur de CryptoQuant montre que la situation est incertaine. L’article Malgré la hausse du BTC, l’incertitude règne d’après cet indicateur – Bitcoin 2 mai est apparu en premier sur Journal du Coin.
Bitcoin gained 12.7% in April, its best month since April 2025, but CryptoQuant warns the rally lacks fundamental support. The crypto data provider says perpetual futures were the sole driver while spot demand contracted – a pattern that historically preceded corrections. Julio Moreno of CryptoQuant noted similar conditions appeared at the start of the 2022 bear market.
CryptoQuant's latest Apr. 30 read shows that perpetual futures are driving Bitcoin's recovery, while spot demand is still shrinking. That is the same market structure seen during the 2022 bear market rallies, when leverage-driven rebounds gave way to fresh downside. Spot buying through exchanges, ETFs, or direct on-chain accumulation represents committed capital. At the same […] The post Bitcoin is repeating a 2022 pattern – and this time we’re missing the buyers for what came next appeared first on CryptoSlate.
CryptoQuant warns Bitcoin could face a multimonth decline after its April rally was driven entirely by perpetual futures demand while spot demand contracted. The analytics firm says this divergence between rising prices and contracting spot demand is one of the clearest on-chain signals that price gains are speculative rather than structural, comparing the pattern to the start of the 2022 bear market.
CryptoQuant analysis reveals Bitcoin's 20% April rally from $66,000 to $79,000 was driven entirely by perpetual futures demand while spot apparent demand remained negative throughout—a pattern identical to the pre-2022 bear market. The firm's Bull Score Index declined from 50 to 40, falling into bearish territory. Bitcoin has already pulled back to $76,400, and without a shift in spot demand, any attempt to reclaim highs lacks on-chain foundation.
BIS researchers warn that crypto market liquidity is hyper-concentrating in a handful of large trading venues, with Binance handling over $1 trillion in volume in early 2026. The Financial Stability Institute paper identifies these platforms as 'multifunction cryptoasset intermediaries' combining roles typically split among banks, brokers, exchanges, and custodians. Top 10 exchanges control 90% of trading while serving 230 million users, raising concerns about leverage, customer asset protection, and systemic risk.
BIS researchers warn that crypto market liquidity is concentrating in a handful of large platforms, with Binance processing over $1 trillion in trading volume in early 2026. The Financial Stability Institute paper describes these venues as 'multifunction cryptoasset intermediaries' combining trading, custody, lending, and yield services that traditionally require separate regulatory oversight. The top 10 exchanges handle 90% of global trading while serving 200-230 million users, including 20-34 million using staking products. The October 2025 flash crash triggered $19 billion in liquidations across 1.6 million traders, illustrating how concentrated leverage at dominant venues can transmit stress rapidly through the system.
Kripto analiz platformu CryptoQuant'ın Boğa Puan Endeksi, ekim ayındaki 126 bin dolarlık zirveden sonra ilk kez 50 seviyesine ulaşarak nötr bölgeye geçti. Endeksin yarısının boğa, yarısının ayı göstergesinde olması, Bitcoin'in 60 binden 78 bine yükseldiği dönemde gerçekleşti. Analist Julio Moreno, mart 2022'de de endeksin nötrale girdiğini ancak ardından %50'den fazla düşüş geldiğini hatırlatarak uyarıda bulundu.
Bitcoin's active addresses dropped to their lowest level since 2016 on Apr. 8, reaching 661,313, while price held near $78,000. The disconnect reflects a structural shift where price discovery now happens in ETF order books and futures markets rather than the base layer. Glassnode's Accumulation Trend Score sits at 0, indicating distribution, while illiquid supply reached 13.45 million BTC. Goldman Sachs filed for a Bitcoin ETF on Apr. 14, joining Morgan Stanley's January filing, enabling capital to enter without touching the chain. Key technical levels to watch are $78,100 and $81,600, with support zones at $69,000-$71,500 and $54,000 downside.
Bitcoin'in barış görüşmelerinin uzamasıyla yükselmesi büyük kitlenin kâr alımlarına yol açtı. CryptoQuant'a göre fiyat 76.800 dolar seviyesine yaklaşırken borsalara saatlik 11 bin BTC girişi oldu - bu rakam aralık 2025'ten bu yana en yüksek. Analist Moreno, güçlü direnç bölgesinin 76-76.800 dolar, güçlü desteğin ise 67.600 dolar olduğunu belirtti.
