The post Bitcoin stalls: U.S. policy uncertainty clouds BTC’s path beyond $124K appeared on BitcoinEthereumNews.com. Key Takeaways Why is Bitcoin under pressure? The U.S. EPU Index surged to 939.7, nine times above average, raising risks of 2–5% contraction across investments, jobs, and consumption. How does this cycle differ for BTC? Active Addresses kept falling despite record highs and ETF inflows, signaling investors now rely more on exchanges and institutional vehicles than on-chain activity. Bitcoin [BTC] has been struggling to reach a new high after trading up to $124,000, as capital inflows remain low. U.S. economic data suggested inflows could shrink further, raising the risk of weaker prices and volumes. Even so, sentiment across broader markets pointed to a different path for the asset. Policy stress weighs on Bitcoin The U.S. Economic Policy Uncertainty (EPU) Index, according to Alphractal, hit 939.7 on the 15th of September—its highest since 2020 during the COVID-19 pandemic. The EPU tracks how the market is performing and predicts key events such as recessions. Alphractal noted that a projected risk of 2–5% still looms. Drivers included tariff shocks, persistent inflation above 3%, and heated fiscal disputes in Washington. These pressures left risk assets like Bitcoin vulnerable to at least short-term declines. Source: Alphractal Crypto analyst Joao Wedson warned that “history always repeats itself,” referencing Bitcoin’s performance in January 2024 when the EPU surged to 1,024 and Bitcoin dropped 21% from $48,969 to $38,555. “This is nothing more than a social fractal that has repeated itself over the centuries.” Wedson added that this period may present a strong accumulation opportunity, stressing that such conditions are usually short-term. Will Bitcoin break the cycle curse? New market insights suggested that the current Bitcoin market cycle may differ from past cycles. Crypto analyst Darkforst noted that in previous bull runs, Bitcoin’s on-chain activity surged, with Active Addresses (AA) rising alongside price. This time appears different. While… The post Bitcoin stalls: U.S. policy uncertainty clouds BTC’s path beyond $124K appeared on BitcoinEthereumNews.com. Key Takeaways Why is Bitcoin under pressure? The U.S. EPU Index surged to 939.7, nine times above average, raising risks of 2–5% contraction across investments, jobs, and consumption. How does this cycle differ for BTC? Active Addresses kept falling despite record highs and ETF inflows, signaling investors now rely more on exchanges and institutional vehicles than on-chain activity. Bitcoin [BTC] has been struggling to reach a new high after trading up to $124,000, as capital inflows remain low. U.S. economic data suggested inflows could shrink further, raising the risk of weaker prices and volumes. Even so, sentiment across broader markets pointed to a different path for the asset. Policy stress weighs on Bitcoin The U.S. Economic Policy Uncertainty (EPU) Index, according to Alphractal, hit 939.7 on the 15th of September—its highest since 2020 during the COVID-19 pandemic. The EPU tracks how the market is performing and predicts key events such as recessions. Alphractal noted that a projected risk of 2–5% still looms. Drivers included tariff shocks, persistent inflation above 3%, and heated fiscal disputes in Washington. These pressures left risk assets like Bitcoin vulnerable to at least short-term declines. Source: Alphractal Crypto analyst Joao Wedson warned that “history always repeats itself,” referencing Bitcoin’s performance in January 2024 when the EPU surged to 1,024 and Bitcoin dropped 21% from $48,969 to $38,555. “This is nothing more than a social fractal that has repeated itself over the centuries.” Wedson added that this period may present a strong accumulation opportunity, stressing that such conditions are usually short-term. Will Bitcoin break the cycle curse? New market insights suggested that the current Bitcoin market cycle may differ from past cycles. Crypto analyst Darkforst noted that in previous bull runs, Bitcoin’s on-chain activity surged, with Active Addresses (AA) rising alongside price. This time appears different. While…