Weekly Data Overview: Market Sentiment Has Picked Up, Bitcoin Hashrate Reached New Highs
ChainInfo
2020-01-19 06:59
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Just when Bitcoin was slowly falling back from the previous pull-up due to the stabilization of the international situation, BSV started due to one of the core members submitting new evidence in a lawsuit related to "Satoshi Nakamoto's 1.1 milli

Quotes and Market Sentiment

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Quotes and Market Sentiment

image description

Source: Chain.inf

Source: alternative.me

market sentiment

Source: alternative.me

large transfer

large transfer

Source: chain.info

Source: chain.info

This week, Bittrex has carried out several wallet reorganizations of more than 50,000 BTC. We have removed such interference items that seriously affect the judgment in the statistics of on-chain transfers. Since this round of BTC has not kept up with the rise of leading currencies, the activity on the BTC chain has not changed much. This week, the amount of large-value transfers above 50 BTC increased by 3% compared to last week, and the number of transfers increased more significantly, with a 17% increase. The amount of transfers is still lower than the ten-week average, but the number of transfers has significantly surpassed.

1,Source: chain.info

Source: chain.info

Exchange balance and inflow and outflow

Exchange balance and inflow and outflow


image description

Source: chain.inf

Source: chain.info

Source: chain.info

Blockchain network data

Blockchain network data

Source: chain.info

Source: chain.info

Bitcoin computing power hit a new high this week. With the latest difficulty adjustment, it was announced that the computing power of the entire Bitcoin network has stabilized at 110EH and is heading towards 120EH. The frenzy of miners is likely to further push up the price of BTC.

Source: chain.info

Source: chain.info

Disclaimer: The opinions involved in this report are based on comprehensive research and judgment based on data analysis. They are only for reference and not as investment basis. Risky investment in currency speculation requires caution.

Disclaimer: The opinions involved in this report are based on comprehensive research and judgment based on data analysis. They are only for reference and not as investment basis. Risky investment in currency speculation requires caution.

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