Bitcoin $4.4 billion supply overhang emerges as institutional demand wilts
Bitcoin is facing a significant supply overhang as institutional demand fails to keep pace with massive ETF sell-offs and new mining supply. Meanwhile, MicroStrategy has announced a plan to sell up to $1.25 billion in Bitcoin to build a cash reserve.
Why it matters
The imbalance between institutional selling pressure and demand suggests a potential period of price stagnation or decline for the cryptocurrency market.
Though BTC has recently stabilized around $60,000, the prospects for a meaningful recovery remain bleak because institutional demand is falling significantly short of soaking up supply.
The article relies on market data and financial reporting without injecting political or ideological commentary.
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