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Cryptocurrency News

Bitcoin network activity decline suggests longer bear market: Glassnode

08/02/2022

Less than a minute

2022.08.02 11:26

With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and fees spent over the network, says Glassnode.

The assessment of mediocre market growth over the past week came from blockchain analysis firm Glassnode in its latest The Week On Chain report on August 1.

Source

08/02/2022

Less than a minute