[Xangle Briefing] BTC, BCH, and ETH’s Mainnet Activity Trends Show Positive Increase

Feb 07, 2020

https://xangle.io/mainnet-stats

 

*7-day On-chain Activity Trends

- BTC: Transaction volume $75.2B (+15.52%) & 4.3M active addresses (+10.57%)

- BCH: Transaction volume $7.7B (+23.79%) & 190K active addresses (+4.33%)

- ETH: Transaction volume $2.4B (+50.95%) & 1.7M active addresses (+16.75%)

*Key Contributing Factors

(1) Increasing awareness of BTC as a safe-haven asset

- Military tension between the US and Iran

- Rising prices despite the coronavirus outbreak (in contrast to the reaction of the stock market)

(2) BTC Halving (Investor Expectations)

- BTC halving previously resulted in price increases

- BSV, BCH halving in April, BTC halving in May

(3) Continued interest towards the crypto industry

- (Rumor) Intercontinenal Exchange aquiring Ebay

- Partnership between Ripple and Intermex

주의사항
research.disclaimer.xangle
본 제작 자료 및 콘텐츠에 대한 저작권은 자사 또는 제휴 파트너에게 있으며, 저작권에 위배되는 편집이나 무단 복제 및 무단 전재, 재배포 시 사전 경고 없이 형사고발 조치됨을 알려드립니다.