Bitcoin Stalls at $64.5K as Glassnode Flags Rising Market Risks
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Glassnode reports Bitcoin is consolidating near $64,500 after recovering from below $58,000, with ETF inflows and improving on-chain activity supporting the rebound but fresh capital remaining limited. Rising short-term trading and growing hot capital raise volatility risks even as long-term holders still dominate supply, a mixed signal for crypto adoption, DeFi, DEX/CEX liquidity and market stability.
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- Glassnode says Bitcoin remains stable near $64.5K, but rising short-term trading is increasing volatility risks.
- Bitcoin ETF inflows and improving on-chain activity support the recovery, though fresh capital remains limited.
- Long-term holders continue to dominate Bitcoin supply, but growing hot capital could amplify future price swings.
Bitcoin is struggling to extend its recent rebound as on-chain data suggests the market remains vulnerable to sharper price swings. Blockchain analytics firm Glassnode, in its latest BTC Market Pulse update, said the cryptocurrency is consolidating around $64,500, supported by improving investor profitability and relatively stable derivatives markets.
However, it warned that rising short-term trading activity is increasing the risk of heightened volatility. Bitcoin recovered from below $58,000 before stalling near $64,500 as buyers…
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