Bitcoin On-Chain Activity Slumps Below 365-Day Average

📌 Bitcoin On-Chain Activity Slumps Below 365-Day Average – Is Momentum Losing Steam? – Following Bitcoin’s (BTC) brutal sell-off on October 9, which saw the top cryptocurrency by market cap flash crash to $102,000 before recovering most of its losses, on-chain signals now show that there has been a noticeable decline in the Bitcoin network usage for most of 2025. Bitcoin On-Chain

Following the brutal sell-off on October 9, which saw #Bitcoin flash crash to $102,000, on-chain activity has slumped below the 365-day average. Bitcoin

$BTC

Following the brutal sell-off on October 9, which saw #Bitcoin flash crash to $102,000, on-chain activity has slumped below the 365-day average. This decline in network usage throughout most of 2025 raises concerns about whether #BTC’s momentum is losing steam. Analysts are closely monitoring these signals to assess the cryptocurrency’s trajectory. Could this be a temporary dip, or is a more extended downturn on the horizon? Stay tuned for updates as the market evolves. #CryptoAnalysis