BTC on-chain Activity is at the Bottom and the Popularity is Seriously Insufficient

Abstract : The transaction volume of BTC in 24h was $18.8 billion. The number of active addresses decreased by 3.81% from the previous day.

ChainDD
ChainDD

Jun 26

According to the data from TokenInsight, the TI index, which reflects the overall performance of the blockchain industry, has reached to 703.19 points at 8 o'clock on June 26, Beijing time, down 4.25 points (0.6% decrease) from the same period of yesterday. 

In addition, among the top 10 industries closely monitored by TokenInsight, the highest increase industry in 24 hours was the advertising industry, with an increase of 7.54% and the highest decrease industry in 24 hours was business and leasing industries, with a decrease of 14.22%.

On the other hand, according to the monitoring data, the transaction volume of BTC in 24h was $18.8 billion. The number of active addresses decreased by 3.81% from the previous day. The number of transfers decreased by 1.94% from the previous day. 

Coinwalle analyst Jeffrey believes that BTC on-chain activity is at the bottom of this year and the popularity is seriously insufficient. Therefore, the market is still under consolidation period in the short term.

Note: The above content is for reference only and does not constitute investment advice.

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