#Bitcoin #blockchain #activity #plummeted #months

Between rising inflation, fear of a recession, the return of Covid, the war in Ukraine, and the relentless supply chain disruptions, the global markets are in a state of fear, and are assuming defensive positions.

This has also reflected on the Bitcoin (opens in new tab) blockchain, whose activity has “reduced modestly” over recent weeks, according to a new report by Glassnode. The on-chain market intelligence firm says network activity is now at levels similar to those occurring during the “deepest bear phase” in 2018 and 2019.



ahmedaljanahy Creative Designer @al.janahy Founder of @inkhost I hope to stay passionate in what I doing

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