Bitcoin on Ice: Network Activity Sees 50% Drop Since 2021, Fear at Full Throttle
Advertisement     Five years after the euphoric 2021 bull run, Bitcoin’s on-chain data paints a far more subdued picture. According to leading analytics firm Santiment, network activity has contracted significantly since February 2021. Source: Santiment Unique BTC addresses participating in transactions have fallen 42%, while new address creation has dropped 47% over the…