Market Analysis
Neutral
BTC 4 Key Demand Channels Weakening Simultaneously

Bitcoin has shown price resilience against Federal Reserve rate hikes, but CryptoSlater reported that four key demand channels are simultaneously weakening.
1. Realized Market Cap: The upward trend of fund inflows over 27 consecutive days ended with the first daily decline.
2. Spot ETFs: A single day on September 15 saw net outflows exceeding $400 million.
3. Stablecoin Supply: Stagnating at $30.1 billion, liquidity expansion has halted.
4. Listed Company Buying: Total purchases over three months amounted to only 5,900 BTC.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: "BTC 4대 수요 채널 일제히 약화"