BTC at $109K â But Is Momentum Fading?
đ Market Overview: Bitcoin is holding above $109,000 and Ethereum is trading at $3,800. However, Glassnode data shows signs of demand exhaustion.
đ Key Metrics:
BTC dominance: 52.1%
ETH gas fees remain elevated
Stablecoin inflows slowing
đ§ Insight: While price action is bullish, on-chain data suggests caution. Is this a healthy consolidation or a warning sign?
BTC
67,944.74
+0.16%
ETH
1,973.11
+0.53%
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