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CryptoQuant: Bitcoin Demand Waning, May Pressure Price Downward

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$88,503.500.12%
On-chain data from CryptoQuant, shared on December 19, 2025, shows Bitcoin demand is losing momentum. This cycle has seen three waves of spot buying, with the latest showing signs of fading. Since early October, demand has stayed below trend, which could weigh on Bitcoin price today.
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