CryptoQuant Sees Signs of New Bull Cycle in Bitcoin
CryptoQuant has identified what it believes may be an early stage of a new bull cycle for Bitcoin, according to a recent research note. The firm noted that several valuation, demand, and liquidity indicators have turned higher, but cautioned that this shift still needs further confirmation.
BTC has shown renewed price strength, climbing about 24% from August 17 and reaching $80,000, its highest level since mid-May. This upward momentum signals a renewed crypto market strength with implications for Bitcoin adoption, token performance, and liquidity.