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Bitcoin Network Activity Plummets, BTC Price Risks Crashing To $70K: Analysts

source-logo  coingape.com 13 January 2025 07:48, UTC

Bitcoin price consolidating around the $94,500 level and on-chain metrics signals concerning signs for the crypto market. Bitcoin network activity has hit a two-month low showing the dwindling investor interest in the world’s largest crypto asset class. Market analysts believe that BTC price risks crashing all the way to $70K if it loses the crucial support of $92,000.

coingape.com