Why the drop in Bitcoin UTXOs, transactions, and fees is not bearish

Bitcoin’s on-chain activity has been declining, with transaction counts, UTXO numbers, and fees all dropping significantly in the past three months. At first glance, this might seem like a negative signal, suggesting reduced demand or waning network usage. However, a deeper look at the data tells a different story. The number of UTXOs steadily increased […] The post Why the drop in Bitcoin... source: https://cryptoslate.com/why-the-drop-in-bitcoin-utxos-transactions-and-fees-is-not-bearish/