BTC, ETH price news: Bitcoin's bull score hits 90 in warning sign for bulls

BTC, ETH price news: Bitcoin's bull score hits 90 in warning sign for bulls

Summary

Bitcoin traded just above $83,300 after retreating from an eight-month high near $87,400. CryptoQuant’s Bull Score remains elevated at 90, but its indicators point to weakening demand: spot demand contracted by about 170,000 BTC in 30 days, while speculative futures-demand growth fell 90% between Sept. 14 and 29. Recent buyers hold average unrealized gains of 33%, and profit-taking reached a yearly daily high. Altcoin exchange deposits also hit their highest level since October 2025, adding potential sell supply. CryptoQuant says fading spot and futures demand could make further near-term gains harder. Traders awaited a U.S. inflation reading for clues on interest rates and risk-asset direction.