Bitcoin Network Activity Dips to Eight-Month Low Amid Price Surge
TL;DR Summary
Bitcoin's network activity has fallen to its lowest in 19 months despite the cryptocurrency trading near all-time highs, raising concerns about its long-term utility and the impact of low-fee transactions, with debates emerging within the community about the implications for Bitcoin's core principles.
Topics:business#bitcoin#cryptocurrency-utility#low-fee-transactions#on-chain-activity#technology#transaction-volume
- Bitcoin network goes silent: Lowest activity in months raises questions about utility AMBCrypto
- Bitcoin network transaction activity reaches lowest level since Oct. 2023 The Block
- Why is Bitcoin’s mempool so quiet while its price surges? CryptoSlate
- The Ice Age on the Bitcoin Chain: 310,000 Transactions Stuck Under the $105,000 Wall PANews
- Bitcoin Network Transaction Volume Falls to Eight-month Low ihodl.com
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 2 min read
Condensed
88%
359 → 43 words
Want the full story? Read the original article
Read on AMBCrypto