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Bitcoin at a Turning Point? BTC Network Activity Falls to 2018 Bear Market Levels

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TL;DR Bitcoin network activity has fallen to levels comparable with the 2018–2019 bear market, with the 30-day and 100-day active-address averages reaching multi-year lows. Both activity averages have recently recovered, while BTC remains a…

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Bitcoin at a Turning Point? BTC Network Activity Falls to 2018 Bear Market Levels
Crypto Economy 1h ago

Bitcoin at a Turning Point? BTC Network Activity Falls to 2018 Bear Market Levels

TL;DR Bitcoin network activity has fallen to levels comparable with the 2018–2019 bear market, with the 30-day and 100-day active-address averages reaching multi-year lows. Both activity averages have recently recovered, while BTC remains a…