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Bitcoin On-Chain Fundamentals

SourceBlog
#1
The current correction coincides with a significant reduction in on-chain economic activity, according to Glassnode. 

The blockchain data and intelligence provider firm maintains that in the past week different on-chain fundamentals have dropped substantially.

USD volume fell over 18 percent, raw transaction count plunged more than 2 percent, and the number of active addresses and entities also plummeted.

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