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Bitcoin Hovers Below $120K as On-Chain Indicators Point to Slowing Demand

https://www.newsbtc.com/bitcoin-news/bitcoin-hovers-below-120k-as-on-chain-indicators-point-to-slowing-demand/
Bitcoin’s price remains in a zone where it is seeing little upward momentum as it continues to hover below its recent all-time high. After reaching above $123,000 earlier this month, the asset has pulled back slightly, trading at $119,343 at the time of writing. This represents a 2% gain over the past week but still leaves BTC roughly 3% below its recent peak…

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