Bitcoin Network Metrics Show Strength Amid Market Volatility
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Recent data highlights a significant increase in Bitcoin’s network activity. The mean block size surged by 26.35% in the past 24 hours, reaching 1.752 MB, indicating a rise in transaction volume and network usage.
Additionally, Bitcoin’s hash rate increased by 1.26% to 3.185 TH/s, showcasing the robust computational power securing the network. These metrics reflect a healthy and active Bitcoin ecosystem, suggesting strong underlying supporting a potential uptrend beyond $74K.