Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Glassnode: The number of active Bitcoin addresses has dropped to the lowest level since 2019

Glassnode: The number of active Bitcoin addresses has dropped to the lowest level since 2019

CointimeCointime2024/06/04 06:19
By:Cointime

Glassnode data shows that after the halving in April 2024, the number of active Bitcoin addresses decreased significantly due to the surge in transaction fees and network congestion. Part of this increase in fees is due to the emergence of new protocols such as Runes, which has affected the utility of Bitcoin in daily transactions, resulting in a significant decline in network activity. Although the current number of active addresses has dropped to its lowest point since 2019, Bitcoin has returned to near its historical high.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!