Daily Bitcoin Transactions Dropped to Nearly Three Years Low

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The number of daily transactions on the bitcoin network dropped to 217,000.The last time such a low level was observed on August 31, 2018, writes The Block.

Данные: The Block, Coin Metrics.

On June 1, the number of active bitcoin addresses reached a six-month low. According to CryptoQuant, the indicator continued to decline and reached 716,000.

The number of new bitcoin addresses dropped to 372,000, which is in line with the March figures.

At the time of writing, the first cryptocurrency is trading at $ 36,570. The asset’s capitalization is $ 684 billion, the dominance index is 39.5%, according to CoinGecko.

On June 4, the price of bitcoin fell by more than 5% after another tweet by Elon Musk mentioning digital gold.

Later, unknown persons who called themselves the Anonymous group posted a video on YouTube criticizing the businessman for his influence on the cryptocurrency.

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