W

While bitcoin holds near $63,000, some data points to pain ahead for bulls

Business Management
Share
While bitcoin holds near $63,000, some data points to pain ahead for bulls

Onchain data shows the bitcoin market price is only just above its realized price and demand is weakening, especially from ETFs.

While bitcoin holds near $63,000, some data points to pain ahead for bulls

Source：CoinDesk

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

A hidden ‘triple top’ in oil price charts suggests the rally has run out of gas

The failure of a key momentum indicator to match the price highs suggests buyers may have run out of steam. Source：MarketWatch

CFTC sues Utah to block action against prediction markets

The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.…

U.S. agency hits Utah with lawsuit to shield Kalshi's ability to offer betting there

The U.S. Commodity Futures Trading Commission has pursued more than a dozen legal actions to protect what its chief sees as its sole power over prediction…

Intel, Oracle, IBM join growing list of firms objecting to OKX–ICE tokenized stock plans

The latest notice added four objections, bringing the total to 26 as the joint venture prepares to test the SEC’s new framework for blockchainbased stock…

Source：https://www.coindesk.com/markets/2026/06/12/while-bitcoin-holds-near-usd63-000-some-data-points-to-pain-ahead-for-bulls