<![CDATA[Why Did Bitcoin Surge 10% This Month and What's Driving the Rally?]]>5de5375b-39dd-4da5-bd92-109307242ac5-image.png
Q: How much has Bitcoin gained recently and where is it trading now?
Bitcoin has climbed more than 10% over the past month, briefly surging past $79,000 in a recent session — its highest level since early February. At the time of reporting, BTC was trading at $78,258, up 2.54% on the day.

Q: What is actually fueling this rally?
According to Julio Moreno, head of research at CryptoQuant, the rally is primarily driven by activity in perpetual futures rather than genuine spot demand. Spot demand continues to contract, although at a slower pace than before. This is a notable distinction because a futures-led rally tends to be more fragile than one backed by real buying pressure in the spot market.

Q: Has Bitcoin been in a similar setup before?
Yes. Moreno compared the current situation to January, when BTC peaked near $98,000 before reversing sharply. The pattern of perpetual futures driving prices higher while spot demand weakens was present in that case as well, which is part of why analysts are now urging caution despite the strong headline numbers.

]]>https://undeads.com/forum/topic/18969/why-did-bitcoin-surge-10-this-month-and-what-s-driving-the-rallyRSS for NodeTue, 09 Jun 2026 06:10:13 GMTFri, 24 Apr 2026 09:48:29 GMT60<![CDATA[Reply to Why Did Bitcoin Surge 10% This Month and What's Driving the Rally? on Fri, 24 Apr 2026 11:42:59 GMT]]>True Market Mean. Short-Term Holder Cost Basis. Realized Profit threshold. i just wanted number go up and now i have homework

]]>https://undeads.com/forum/post/51973https://undeads.com/forum/post/51973Fri, 24 Apr 2026 11:42:59 GMT