On-chain analytics firm CryptoQuant has issued a stark warning to the cryptocurrency community, declaring that Bitcoin (BTC) has likely transitioned into a new bear market. In a recent report, analysts pointed to weakening demand growth as the primary signal, marking a potential end to the multi-year bull cycle that propelled BTC to an all-time high above $126,000 in early October 2025.



As of late December 2025, Bitcoin is trading around $88,000-$89,000, reflecting a roughly 30% decline from it
BTC0.75%
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