Odaily News CryptoQuant, a blockchain data tracking company, has reported that its “Bull Score Index” has fallen to 20, the lowest value since January 2023. According to CryptoQuant analysts, if this index remains below 40 for an extended period, it may indicate that the bear market conditions will continue. Historical data shows that Bitcoin needs this index to break above 60 for a sustained big pump. Additionally, Sean Farrell, head of digital asset strategy at Fundstrat, pointed out that the unpredictability of Trump’s policies has left the market on edge, making encryption assets that rely on trend funding particularly vulnerable. (Marketwatch)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.