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Bitcoin Network Activity Hits 6-Month High, Price Stabilizes at $84K

From fxdailyreport.com

Bitcoin ($BTC) has recently recorded a massive rise in network activity. Particularly, Bitcoin’s ($BTC) network activity has surged to a six-month peak of up to 955,000. As per the data from CryptoOnchain, this parallels the top cryptocurrency’s intense local low of $84,000 in trading volume. Additionally, the market response underscores aggressive buying, reaffirming a crucial demand area. In line with the new on-chain statistics, on the 23rd of November, Bitcoin recorded a six-month network activity jump, hitting the 955,000 mark. At the same time, when it comes to trading volume, $BTC has witnessed a local bottom ... (full story)

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  • Category: Fundamental Analysis