• Bitcoin slips as macro data weakens and Matrixport flags early risk signals.
• Trading volume spikes despite price dip, showing heightened market engagement.
• U.S. services PMI hits 11-month low, raising economic slowdown concerns.

Market analysts at Matrixport are warning that Bitcoin’s recent momentum may be losing steam, just as major U.S. economic indicators begin to show signs of decline. In a June 6 report, the firm highlighted that two leading data points have now dropped to their lowest levels in months. This is happening even as many investors continue to focus primarily on positive ETF inflows.

But beneath the surface, Matrixport pointed to several concerning trends. These include weakening funding dynamics, a noticeable decline in stablecoin activity, and other forward-looking metrics that show a potential shift is already in progress. The firm’s models have reportedly begun flashing early caution signals, although the…

The post Bitcoin Rally Faces Headwinds as Matrixport Report Points to Weakening U.S. Economy appeared first on Coin Edition.

• Bitcoin slips as macro data weakens and Matrixport flags early risk signals.
• Trading volume spikes despite price dip, showing heightened market engagement.
• U.S. services PMI hits 11-month low, raising economic slowdown concerns.

Market analysts at Matrixport are warning that Bitcoin’s recent momentum may be losing steam, just as major U.S. economic indicators begin to show signs of decline. In a June 6 report, the firm highlighted that two leading data points have now dropped to their lowest levels in months. This is happening even as many investors continue to focus primarily on positive ETF inflows.

But beneath the surface, Matrixport pointed to several concerning trends. These include weakening funding dynamics, a noticeable decline in stablecoin activity, and other forward-looking metrics that show a potential shift is already in progress. The firm’s models have reportedly begun flashing early caution signals, although the…

The post Bitcoin Rally Faces Headwinds as Matrixport Report Points to Weakening U.S. Economy appeared first on Coin Edition.