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Bitcoin network activity falls to annual lows and raises concerns $BTC but I believe there is a surprise 👇👇👇👇
#FOMCWatch The year's end has brought an alarm signal for the Bitcoin ecosystem: the network is recording the lowest number of active addresses in the last twelve months.
This decline is not only due to a seasonal slowdown but also highlights deeper weaknesses in the actual demand for blockspace and the revenue model for miners, in a context where the network is adapting to new uses and operational dynamics.
💥Historic drop in Bitcoin activity: a temporary symptom or something more?.
In recent weeks, the seven-day moving average of active addresses on Bitcoin fell to 660,000, the lowest level since December 2024. Last year, the network had experienced a strong spike in activity, driven by data registrations and the issuance of new tokens directly on the blockchain.
Now, the dynamics are different. While it is common to observe a slowdown during certain periods of the year, the current decline is reflected in multiple metrics and has a direct impact on the mining economy.
Daily revenues for miners dropped from an average close to $50 million during the third quarter to around $40 million by the end of the year.
