【Breaking】CryptoQuant’s Bitcoin Bull Score Index fell to 0 on November 11, its lowest reading ever. The score ranges from 0 to 100; it had reached as high as 90 on October 13 before dropping to 20 by early November.
Of the 10 indicators that make up the index, only 2 remain bullish. CryptoQuant Head of Research Julio Moreno noted that apparent Bitcoin demand shrank by 284,000 BTC over the past 30 days, the largest decline since March 2025. Over the same period, USDT’s market capitalization fell by about $6.6 billion, and the Coinbase Premium Index remained negative for a full month.
Bitcoin is currently trading below its 365-day moving average (about $76,400).
(Source: TradingView / CryptoQuant, November 12)
$BTC $ETH
Of the 10 indicators that make up the index, only 2 remain bullish. CryptoQuant Head of Research Julio Moreno noted that apparent Bitcoin demand shrank by 284,000 BTC over the past 30 days, the largest decline since March 2025. Over the same period, USDT’s market capitalization fell by about $6.6 billion, and the Coinbase Premium Index remained negative for a full month.
Bitcoin is currently trading below its 365-day moving average (about $76,400).
(Source: TradingView / CryptoQuant, November 12)
$BTC $ETH
