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Bitcoin's On-Chain Activity Slump Leads Analyst To Claim Apex Crypto's Shift From P2P Cash To Store Of Value
Yahoo Finance· 2025-12-31 01:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Popular cryptocurrency analyst Ali Martinez argued that Bitcoin (CRYPTO: BTC) is shifting from a peer-to-peer currency to a store of value, citing a sharp dip in network activity. Analyst Spotlights Drop In BTC Active Addresses Martinez took to X, highlighting a 42.6% decline in Bitcoin’s active addresses since 2021, citing data from on-chain analytics firm Glassnode “This illustrates the shift from peer ...