There are currently ~275k daily active entities on the #Bitcoin network.
This level of activity is far below bull market highs, indicative of tepid demand from new users.
However, the activity floor continues to climb in bearish markets, reflecting longer-term network effects.
Tax Day can be important to crypto prices. After the three previous big run-ups – 2013, 2017, and 2020 – and this one, 2021 – bitcoin peaked 35 days before Tax Day and then declined to a local trough as investors sold off assets to cover taxes accrued in 2020
The number of unique entities mentioning crypto terms has increased since 2020, which reflects a broader trend of crypto’s growing institutionalization
Introducing the Alpine F1® Team Fan Token (ALPINE) Token Sale on Binance Launchpad!
Bitcoin balance on exchanges just reached a 3-year low of 2,505,957
GuildFi BIG ONE 🚀
Bitcoin liquidity topped in July and has been trending downwards since