Bitcoin Breaks $80,000, But On-Chain Activity Signals A Silent Warning
Bitcoin has seen a rally toward the $81,000 level, but on-chain data shows the surge has failed to attract investor attention, with network activity remaining low. Bitcoin On-Chain Activity Has Dropped To 2-Year Lows According to data from on-chain analytics firm Santiment, the Bitcoin blockchain has witnessed a drop in indicators related to on-chain activity. The metrics of relevance here are the Daily Active Addresses and Network Growth. Related Reading: Bitmine Adds 101,745 ETH, Moves Closer To 5% Ethereum Supply Goal First, the Daily Active Addresses measures the total number of....
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