Bitcoin Bull Score Rises to 80 as Spot Demand Grows
Bitcoin’s Bull Score jumps to 80 from 20, reflecting soaring market sentiment and rising spot demand.
- Bitcoin’s Bull Score Index indicates increased market optimism.
- Spot demand is driving rising prices.
- Bitcoin’s price nears its all-time high.
Bitcoin’s Bull Score Index rose to 80 from 20 as spot demand surged, driven by market enthusiasm, according to CryptoQuant’s recent analysis on May 9th, 2025.
The Bull Score’s rise underscores growing optimism in Bitcoin’s potential trajectory, with market players closely observing the shift as it approaches a previous high.
The significant switch in Bitcoin’s Bull Score reflects a stronger market sentiment as institutional activity and spot demand show growth. CryptoQuant developed the metric to assess Bitcoin conditions by considering critical data like exchange reserves and miner behavior.
“Bitcoin sentiment has reversed. Spot demand has risen, and Bitcoin’s bull market score has increased.
More From Crypto News
贝莱德ETF钱包转入Coinbase 3215枚BTC与3.89万枚ETH｜链上侦探
据 BlockBeats 10 月 23 日消息，链上监测平台 Onchain Lens 追踪到贝莱德旗下 ETF 钱包向 Coinbase 转入 3,215 枚 BTC 和 38,900 枚 ETH。报道援引合计约 3. 5563 亿美元，但未注明估值时点与价格口径，该金额暂视为参考数据而非独立核实结果。
Indian Exchange Denies Hack After $16M Suspicious Outflows
CoinDCX, India’s largest crypto exchange by reported user base, has denied suffering a security breach after blockchain investigators flagged approximately $16...
CZ Says AI Hacking Fears Miss a Bigger Crypto Risk
Binance founder Changpeng Zhao has pushed back on a growing narrative in crypto security circles, arguing that fears about AI-powered hacking may be distracting...
Bitcoin Eyes $85K: What the Charts Signal Next
Bitcoin is pressing toward the $85,000 area, a level that chart-watchers have flagged as the most closely monitored resistance on the current advance. Whether t...
CoinDCX $16M Hack Claims Challenged by Blockchain Investigators
Blockchain investigators are publicly accusing Indian crypto exchange CoinDCX of misrepresenting details of a reported $16 million hack, raising questions about...
Bitcoin ‘Goes to Zero’ After a Hack, Chamath Predicts
Venture capitalist Chamath Palihapitiya has predicted that Bitcoin could go to zero in the wake of a major hack, framing a credible security failure as the scen...
