Bitcoin Activity Index Keeps Declining: Demand Still Weak?

CryptoQuant’s Network Activity Index for Bitcoin has been locked in a downtrend, suggesting that demand for using the blockchain remains weak. CryptoQuant’s Bitcoin Network Activity Ind...

By · · 1 min read
Bitcoin Activity Index Keeps Declining: Demand Still Weak?

Source: Bitcoinist.com

CryptoQuant’s Network Activity Index for Bitcoin has been locked in a downtrend, suggesting that demand for using the blockchain remains weak. CryptoQuant’s Bitcoin Network Activity Index Has Been Cooling Off As highlighted by CryptoQuant community analyst Maartunn in an X post, Bitcoin on-chain activity has been cooling off recently. The indicator of relevance here is […]

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