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Is Bitcoin Hitting a Cycle Top? Metrics Say ‘Not Yet’

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Bitcoin (BTC) and Ethereum (ETH) may have dropped in value lately; however, despite recent price corrections, strong institutional demand and supportive on-chain metrics indicate that the crypto market is not at a cycle top and has potential for further growth. Despite recent price fluctuations, institutional demand for cryptocurrency remains robust, with both Bitcoin (BTC) and Ethereum (ETH) seeing renewed inflows via U.S. spot exchange-traded funds (ETFs). Market analysts suggest that the flows signal continued confidence in digital assets, even as BTC undergoes a minor correction. Data from Glassnode shows that U.S. spot Bitcoin ETFs recorded net inflows of 3,018


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1d ago
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