Bitcoin Network Activity Decline Affects Price Performance in 2025
- The number of active Bitcoin addresses is steadily declining, indicating reduced investor participation.
- A “death cross” has formed between the 30-day and 365-day moving averages of active addresses, signaling bearish momentum.
- The transaction count on the Bitcoin network has been decreasing since Q4 2024.
- Bitcoin’s price is just above $97,700, with a marginal increase of 0.3% in the last 24 hours.
Bitcoin’s declining network activity and recent formation of a “death cross” suggest a bearish trend, contributing to its sluggish price performance in early 2025.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-network-activity-is-declining-impact-on-price/?rand=52377
