A slow Bitcoin prize performance has not been the only disappointing theme for the largest cryptomarkt in 2025 so far. According to the latest data about the chains, the Fundamentals of Bitcoin Network has decreased since the last quarter of last year.
Bitcoin’s active addresses and transactions count on a decline?
In a Quicktake message on the cryptoquant platform, a crypto analyst at the pseudonym Yonsei_Dent explained How recent price stagnation is linked to falling network activity. One of the relevant indicators at the chain here is the Active addresses (AA) Metriek, which measures the number of wallet addresses that are involved in a transaction within a specific period.
Usually the active addresses Metriek are used to evaluate the sentiment of the investors on a certain blockchain. According to Yonsei_Dent, the number of active addresses on the Bitcoin network is steadily falling, which suggests a “potential weakness in investors participation”.
Moreover, a “Death Cross” has recently been formed between the 30-day advancing average of the AA (30DMA) and the 365-day advancing average (365dma). For the context, a “death cross” in technical analysis refers to a bearish signal characterized by a progressive average crossing of the short term below a progressive average in the longer term.
This death cross indicates a bearish momentum and is a long-term downward trend (for both price and network activity) on the horizon.
Yonsei_Dent Added:
Although the two statistics fluctuate in a tight reach, the 365DMA remains in a downward trend, which suggests a long -term delay of network involvement.
Moreover, another on-chain statistics that is highlighted by the Quicktake analyst is the number of transactions, which measures the number of unique transactions on the network within a specific period. According to data from cryptoquant, the number of unique transactions on the Bitcoin network has fallen since Q4 2024.
Yonsei_Dent associated this worrying trend with the global macro -economic uncertainty and increasing risk aversion that has plagued the market since US President Donald Trump took the Oval Office.
What kind of BTC price now?
As previously distracted, the falling network activity cannot be predicted precisely for the Bitcoin price promotion. Periods of low transaction activities often coincided with long -term lateral movement and sometimes price corrections.
This trend can explain the price performance of the Prime Minister Cryptocurrency in 2025. The Bitcoin price has difficulty maintaining a serious bullish momentum to push new highlights.
At the moment the price of Bitcoin is just above $ 97,700, which reflects a measly increase of 0.3% in the last 24 hours. The weekly record of De Munt is not better, because the market leader has increased by barely 1% in the last seven days.