Bitcoin risks drop to $72K as demand metric hits 2026 lows

60-second summary

Bitcoin's weakening demand is failing to absorb increased selling pressure, raising risks of a further price drop toward $72,000. The demand metric has hit 2026 lows, exacerbating concerns among investors. As a result, the cryptocurrency's price stability is being threatened, potentially leading to a significant correction in the market, impacting investor confidence and overall market sentiment.