Bitcoin Demand Momentum Wanes as ETF Inflows Slow: A Stabilization Phase

Bitcoin’s recent momentum has shown signs of stabilization, but a significant rebound in demand has yet to materialize. According to on-chain analytics firm CryptoQuant, while the contraction in Bitcoin’s spot demand has slowed, demand metrics remain weak. Over the past 30 days, Bitcoin’s apparent demand has declined by 146,000 BTC, an improvement from the sharper 311,000 BTC drop recorded earlier. However, demand momentum, which tracks the rate of change in demand, continues to indicate a lack of strong buying interest. This trend aligns with the drying up of inflows into Bitcoin ETFs, which had previously been a major driver of price appreciation. Despite the slowdown, some analysts view this as a consolidation phase before the next potential upward move. The current stabilization could provide a foundation for renewed demand, especially if macroeconomic conditions or institutional interest shift favorably. As of May 2025, the market remains cautiously optimistic, with traders watching for signs of a turnaround in demand dynamics.

Bitcoin Demand Momentum Declines as ETF Inflows Dry Up

Bitcoin’s recent momentum has shown signs of stabilization, but a significant rebound in demand has not materialized. According to on-chain analytics firm CryptoQuant, while the contraction in Bitcoin’s spot demand has slowed, demand metrics remain weak. Over the past 30 days, Bitcoin’s apparent demand has declined by 146,000 BTC, an improvement from the sharper 311,000 BTC drop recorded earlier. However, demand momentum, which tracks the level of buying by new investors relative to long-term holders, has deteriorated further, now down by 642,000 BTC. This marks the most negative reading since October 2024, indicating continued hesitation among investors. Analysts warn that for Bitcoin to resume a sustainable rally, both demand and momentum must improve.

Tesla Holds $1 Billion Bitcoin Investment in Q1 2025

Tesla, the automotive and clean energy giant owned by Elon Musk, has announced that it did not sell any of its $1 billion Bitcoin investment in Q1 2025. According to the company’s latest earnings report, Tesla neither bought nor sold any Bitcoin during the quarter. Its current holdings are valued at approximately $1,050,300,000, with an unrealized gain of over $500 million. Tesla last made a significant Bitcoin transaction in Q3 2024, transferring all of its $760 million worth of Bitcoin assets from its public wallet. Despite ongoing price turbulence, Tesla continues to hold onto its substantial Bitcoin investment.

Bitcoin Attracts Fresh Investors Amid Market Volatility

Bitcoin is testing critical resistance levels and showing renewed strength, even as global tensions reshape the financial landscape. Amid this volatility, crypto analyst Axel Adler reports that new investors have begun entering the market. This divergence between Bitcoin’s performance and the weakening US stock market has caught the attention of analysts and investors, with bulls becoming increasingly optimistic about a potential surge.

Bitcoin Approaches $92K Barrier: Will It Break Through?

Bitcoin has seen steady gains over the past three weeks due to rising demand. It recently broke above a month-long descending trendline resistance and gained 4.5% in price. The U.S. Dollar Index (DXY) hit its lowest level since 2022, contributing to BTC’s price rise. However, despite gold reaching new all-time highs, BTC has not followed suit as a SAFE asset. Instead, it has been in a downtrend for three months, and recent gains do not necessarily indicate a change in trend.

Bitcoin Surges, Mirroring Gold’s Rise Amid Economic Uncertainty

Bitcoin has seen a significant 20% surge in the two weeks leading up to April 22, closely mirroring the rise of gold to $3,500. This shift comes amidst ongoing tariff escalation between the US and China and rising recession odds in the US. Investors are looking to hedge against economic uncertainty, leading to a renewed relevance of the ’digital gold’ thesis. According to Nansen CEO Alex Svanevik, BTC is displaying growing maturity as a global asset, becoming ’less Nasdaq—more gold.’ Bitcoin’s historic correlation with US equities may be loosening, replaced by a stronger alignment with gold.

Metaplanet CEO Doubles Down on 10K BTC Goal, Yield Soars 119%

Metaplanet’s CEO, Simon Gerovich, has reaffirmed the company’s commitment to accumulating 10,000 BTC. Despite recent declines in the share price, the firm’s Bitcoin holdings and per-share yield have surged, positioning it as Asia’s largest public BTC holder. Gerovich emphasized the importance of long-term value creation over short-term stock price swings, showcasing strong conviction in Bitcoin as a treasury asset. This strategy positions Metaplanet as a leader in corporate crypto adoption.