Maartunn|Apr 16, 2025 18:23
The Bitcoin Network is in a bear market. 🐻
The Bitcoin Network Activity Index is flashing a major drawdown — the largest since the 2021 China mining ban.
It tracks key metrics like:
Active addresses
Transactions per block
UTXO growth
Block space demand (bytes per block)
Network activity = adoption.
Right now, it's slowing.
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