Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101298
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
63.87%
Bitcoin Share
BitcoinSistemi 2025-05-04 07:32:09

Despite the Rise in Bitcoin Prices, Why Has Interest in BTC Remained Low? 7 Reasons Listed

Despite the Rise in Bitcoin Prices, Why Has Interest in BTC Remained Low? 7 Reasons Listed

Cryptocurrency analysis company Alphractal analyzed the reasons why on-chain activity remained lower than expected despite the Bitcoin price hovering above $95,000. According to the company's report, despite the optimistic atmosphere in the market, transaction volume and the number of active addresses remain at historically low levels. According to Alphractal's findings, there are seven main reasons behind this situation: Price is driven by external factors rather than on-chain usage: The current price of Bitcoin is driven by external factors such as institutional capital inflows into spot ETFs rather than actual on-chain usage. Low volatility: Low volatility reduces the motivation of traders to trade, leading to a decline in on-chain transactions. Artificial stock market volumes: Exaggerating trading volumes on some exchanges may be hiding the true level of usage on the network. Limited practical demand: Bitcoin’s price is mostly maintained through derivatives and speculative instruments rather than daily usage on-chain. The market is in the consolidation phase: Investors tend to wait until macroeconomic developments or clear signals come in. This limits coin movements. Related News: Ripple's Chief Legal Officer Explains Why the SEC Withdrew Its Appeal in the Case Proliferation of Tier-2 solutions: Layer two solutions like the Lightning Network cause transactions to shift off-chain, which makes mainnet activity appear low. Shift of speculative activities to other networks: Networks like Ethereum, Solana, and Base are attracting transaction-intensive activities like DeFi, staking, and memecoins, which is causing the dynamism on the Bitcoin main chain to decrease. Alphractal states that the current situation reveals that Bitcoin is starting to be considered more like a “financial asset” rather than a “blockchain technology”. This indicates that the link between on-chain usage and price is gradually weakening. *This is not investment advice. Continue Reading: Despite the Rise in Bitcoin Prices, Why Has Interest in BTC Remained Low? 7 Reasons Listed

Most Read News

Moralis Money
Market Cap
24h Vol
63.87%
Bitcoin Share
177
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.