Glassnode says bitcoin remains inside a bear-market value zone, with near-term support around $69,000-$71,500 but a more credible recovery only above $81,600.
U.S. growth slowed sharply while inflation stayed elevated, limiting Fed flexibility and keeping markets focused on policy risk and the next macro trigger.
Stablecoins are still tiny in real-world payments compared with global card and bank flows. But Visa, Stripe, and Mastercard are already rebuilding settlement, payouts, and cross-border rails around them.
JPMorgan, UBS and the EIA are all pointing to a longer-lasting energy shock, not a clean snapback. For Bitcoin, that means the real risk is oil, inflation and fewer Fed cuts.