Bitcoin On-Chain Transactions Hit All-Time Low: Is This Good News For Bulls Targeting $32,000?

Fresh data from Glassnode, a blockchain analytics platform, shows that on-chain transactions on Bitcoin, the world’s most valuable network, fell to an all-time low in the past three months. That there are fewer transactions suggests that holders are unwilling to sell and are more inclined to HODL. Bitcoin On-chain Transactions Shrinking Another notable finding from this data … Continue reading Bitcoin On-Chain Transactions Hit All-Time Low: Is This Good News For Bulls Targeting $32,000?