Bitcoin Breaks Above $81,000 While On-Chain Activity and Derivatives Diverge

Bitcoin has climbed above $81,000 for the first time in more than three months, extending a 7% weekly gain and briefly moving toward the $82,000 level. But beneath the price recovery, market data shows a more cautious picture emerging across derivatives and on-chain activity. The divergence matters. Bitcoin rallies often gain durability when spot demand, […]