# 50% of BTC supply underwater. Bottom in weeks?

Page: https://stenobird.com/podcast/token-metrics-daily-pulse-325615/50-of-btc-supply-underwater-bottom-in-weeks
Text version: https://stenobird.com/podcast/token-metrics-daily-pulse-325615/50-of-btc-supply-underwater-bottom-in-weeks.md
Podcast: [Token Metrics Daily Pulse](https://stenobird.com/podcast/token-metrics-daily-pulse-325615)
Published: 2026-06-10T12:28:08+00:00
Episode link: https://www.spreaker.com/episode/50-of-btc-supply-underwater-bottom-in-weeks--72457864
Audio file: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/72457864/daily_pulse_2026_06_10.mp3
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JSON: https://stenobird.com/v1/public/podcasts/token-metrics-daily-pulse-325615/episodes/50-of-btc-supply-underwater-bottom-in-weeks
Duration seconds: 343

## Resource

50% of Bitcoin supply is underwater. Fear & Greed at 9. Japan's banks plan stablecoin. Today's key developments: • Over half of all Bitcoin is now underwater. This level usually marks a market bottom within weeks. • Japan's three largest banks announced plans to launch a joint stablecoin by March 2027. • Bitcoin Layer-2 project Botanix is shutting down with a brutal post-mortem: 'Users just didn't care." 📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/50-of-btc-supply-underwater-bottom-in-weeks-jun-10-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast 🔔 Subscribe for daily crypto market updates! ⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com

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## Transcript

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