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