CryptoQuant expands API with 10 new Bitcoin signal endpoints

CryptoQuant launched 10 new API endpoints that let professional traders and institutions programmatically track Bitcoin demand signals across spot and derivatives markets. The release comes as CryptoQuant’s demand metrics show pronounced weakness: total Bitcoin demand fell to -652K BTC in weekly contractions, the steepest drop since January 2022, and 30-day apparent demand was -147K BTC. The article argues that Bitcoin’s recent price strength has been driven more by futures activity than by underlying spot demand, while long-term holders are distributing into a weak demand environment. Spot Bitcoin ETF outflows add to the selling pressure. Overall, the new data tools may help traders monitor a deteriorating demand backdrop, but the market tone is bearish because the fundamentals described point to a heightened risk of correction if spot demand does not recover.