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Bitcoin demand weakens sharply, nearing historic lows amid ETF outflows and stablecoin drops.

Market News
09 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin's demand has sharply declined into late 2026, with spot and futures demand falling to levels seen only three times since 2019. This weakening extends beyond leveraged traders to organic market demand, historically signaling structural exhaustion before major market instability. Although Bitcoin is nearing historical value zones indicated by valuation metrics like the CVDD ratio, demand recovery remains crucial for a durable bottom. Meanwhile, liquidity drains continue as crypto ETFs see over $1.8 billion in outflows and stablecoin supply contracts by more than $3 billion, suggesting capital is leaving crypto markets and keeping risk appetite low despite attractive valuations.

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