Bitcoin Experiences Low Network Activity as It Struggles Below 100K
Recent reports highlight a significant decline in Bitcoin’s network activity. Active addresses, transactions, fees, and even the mempool seem almost empty. Bitcoin struggles to maintain momentum below the crucial $100,000 mark. This decline raises concerns among enthusiasts and investors alike about the digital asset’s health. As network activity reaches yearly lows, market participants wonder about the underlying causes. Is this a temporary lull or indicative of deeper issues within the Bitcoin ecosystem? The answers could determine Bitcoin’s short-term future.