Bitcoin Network Activity Signals Bear Market Phase - CVJ.AI

Global02:04 07.05.2025 robbob

The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.

Recent on-chain data indicates Bitcoin’s network activity has entered a bear market phase, raising concerns about the asset’s near-term outlook. The CryptoQuant Network Activity Index, tracking transaction counts and active addresses, has declined sharply since December. This trend historically precedes bear markets, though exceptions exist.

Bitcoin's Network Activity Index has declined into bear market territory, suggesting reduced network demand.
Historical data shows this signal usually precedes bear markets, though it failed to predict the 2021 bull run continuation.
Stablecoins' market cap reaching an ATH could indicate future capital inflows into cryptocurrencies like Bitcoin.

📎 Read the original article on newsbtc.com

Related Tags: BitcoinStablecoin

Other Tags: CryptoQuant, IntoTheBlock

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