Michael Saylor’s (MSTR) Bitcoin Buys Aren’t Making up for Slowing Spot Demand

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As Asia begins a new trading week, Bitcoin

changes their hands to $ 109,000, by 0.8% in the last week or 4.5% for the last month According to Coindesk market data.

In the era Continuing considerable BTC Buys From Michael Saylor’s strategy (Mst), Fund Traded BTC Exchange Fund (ETF) tideand More companies accept the BTC cash register strategyYou have to wonder why the Bitcoins price did not shoot around all times.

The new report from Cryptoquant explains this: The whole institutional measure does not create a general decline in demand for BTC.

“The annual growth in bitcoins demand shows a similar picture: ETFS and MSTR purchases are part of the demand with bitcoins, the overall contraction of demand is more than compensating these purchases and accelerating the overall growth of demand is what the price assembly manages,” Cryptoquant wrote in a recent report.

Cryptoquant points out that in the last 30 days there has been contraction in demand for BTC at -895k melody.

In order to get worse, ETF and mst are shopping compared to December. In the last month of the year, the ETF bought 86,000 BTC and MSST 171 000, while in the last month these figures have fallen significantly. ETFS bought only 40k BTC while bought 16k.

The BTC is stuck in the consolidation phase, and the demand is not there to support the escape, writes Cryptoquant.

One additional datapoint to evidence of slowing down demand is BTC Almost empty MempoolThis shows how little a retail place requires the market.

The question is whether institutional purchases continue to slow down, how much resistance will be set by the BTC price?

Anthony Scaramucci of SkyBridge Capital is in the record As he says, the trend of the Ministry of Finance BTC – a reliable source of demand for bitcoins – will disappear.

“We have this replicative idea of ​​the treasury right now,” Scaramucci told Bloomberg last week. “So, you know, it disappears.”

“Saylor’s case is different because it now has a few different products,” Scaramucci continued in an interview. “I’m not negative for others because I’m too bulls on bitcoins, but I would only say as an investor, you have to see the basic costs associated with each of these treasury companies.”

Meantime, Standard Chartered remains BTC Bull With the bank retains its $ 200,000 price goal for the largest digital asset in the world.

Market movements:

• BTC: Bitcoin consolidated over $ 108,500 on the weekend and increased from $ 108,327 to $ 108,620 in the last hour, with $ 108,200-108,300 now supporting uptrend.
• ETH: Ethereum gathered from 2,520.45 to $ 2,558.63.
• Gold: Gold last week increased by 1.91% to $ 336.61, powered by a weakening dollar, 91.5% chances to reduce the federal reserve rate in September, impending tariff threats and 73% growth in Chinese gold import
• Nikkei 225: The Japanese benchmark Nikkei 225 slipped by 0.26% after the White House continued with mixed messages on tariffs.

Elsewhere in the crypto:

• US recession courses on polymarket will throw themselves at 22%because the tension of the shop cool (Coindesk)
• Ethereum triggers the future of Wall Street. The crypto scene in Cannes shows how far it will come (CNBC)
• Sweden orders the police to increase the seizures of criminal gain (Decryption)