Fear and Greed Index
49 -9.26%
MVRV Z Score
2.39 -0.28%
Short Term Holder Realized Price
$98,310.69 +0.01%
Bitcoin Dominance
64.3% +0.26%
Mayer Multiple
1.08 -0.92%
US vs Offshore Trading Volume
7.66%
Circulating Supply
19,881,687.5 +0.00%
Halving Countdown
29.6%
Hashrate vs Price
942.59 EH/s +19.97%
Node Map
22,022
Difficulty Estimator
79,679,234,551,296 +0.00%
Miner Revenue
$48,946,028.06 +18.18%
Network Difficulty
126.41T +0.00%
Puell Multiple
1.27 +18.01%
Exchange Trading Volume
$39.30B +53.06%
Exchange Trading Volume BTC
$11.58B +82.33%
Exchange Volume BTC Dominance
29.4% +19.10%
Monthly Exchange Volume
$828.92B
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Active Addresses stats
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Bitcoin Active Addresses is an on-chain metric that measures the number of distinct addresses actively sending or receiving Bitcoin within a given time frame. It reflects the level of user activity on the network and serves as a proxy for overall engagement. When address activity rises, it often signals growing interest and participation in the Bitcoin ecosystem; when it declines, it may suggest waning enthusiasm or reduced transactional demand. This metric is widely viewed as a real-time indicator of network health and user behavior.
Historically, there has been a strong correlation between the number of active addresses and Bitcoin’s market cycles. During bull markets, this metric tends to rise sharply as retail interest surges and new users enter the ecosystem. Peaks in active address count often align with market tops, reflecting increased speculation and broader participation.
Conversely, bear markets typically see a significant drop in active addresses. As Bitcoin’s price declines and media attention fades, user activity on the network slows. This pattern reflects lower transactional demand and often coincides with periods of accumulation or disinterest.