Bitcoin On-Chain Transaction Volume Plummets Amid Investor Disinterest and Potential $60,000 Price Drop

Bitcoin remains a profitable venture, yet on-chain transaction volumes indicate a declining interest among investors. The prospect of Bitcoin’s price falling to $60,000 is becoming a realistic scenario. Recent data highlights substantial unrealized profits but points to stagnation in market momentum. Bitcoin’s profitability remains high, but dwindling on-chain transactions and trading volumes suggest reduced investor

Source: CoinOtag