BTC on-chain Activity is at the Bottom and the Popularity is Seriously Insufficient
[ChainDD report] June 26 (ChianDD) 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.
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.