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Bitcoin Pops To $88,000 But Don’t Get Too Excited: On-Chain Data Says ‘Dead-Cat Bounce’

Posted On December 19, 2025

Bitcoin (CRYPTO: BTC) remains range-bound below $90,000 as on-chain data points to a growing supply–demand mismatch rather than a purely macro-driven stall.

What Happened: CryptoQuant says the supply imbalance between Bitcoin and Ethereum (CRYPTO: ETH) is worsening as overall buying liquidity continues to dry up.

Instead of fresh capital entering the market, existing liquidity is merely rotating, leading to stagnation rather than expansion and preventing the market from absorbing excess supply.

The setup closely resembles a prior …

Full story available on Benzinga.com

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