New ATH in Bitcoin Monthly Transactions – 19.4M in July So much for the "people only buy to hold it" argument. People are truly using it also as P2P cash.
https://newhedge.io/terminal/bitcoin/monthly-transactions
https://preview.redd.it/78vaahhis0gd1.png?width=2758&format=png&auto=webp&s=638700f2116e90dcdb1bf90c1c36a38b840525fe
New ATH in Bitcoin Network Difficulty – 91T Miner capitulation anyone? Death spiral? Miners are plugging in and pushing difficulty/hashrate to new ATHs.
https://newhedge.io/terminal/bitcoin/network-difficulty
https://preview.redd.it/eacsgn4ls0gd1.png?width=2776&format=png&auto=webp&s=4afb7d1acded0b8dba987ab2e57c1a2ebeecb73b
New ATH in Bitcoin Hashrate – 667 EH/s Similar to Difficulty above, miners are extremely bullish and plugging in machines despite "lackluster" price action as some would say
https://newhedge.io/terminal/bitcoin/hashrate-vs-price
https://preview.redd.it/6q8ym5jms0gd1.png?width=2768&format=png&auto=webp&s=d9bd0f872c85493d8bdd0fc413c27104123e62d8
Bitcoin Open Interest – $39B So this could be bullish, but also indicate a short-term market correction. OI (open interest) represents the amount of money flowing into the Bitcoin futures market.
https://newhedge.io/terminal/bitcoin/open-interest
https://preview.redd.it/9fu373jns0gd1.png?width=2774&format=png&auto=webp&s=581e6351785184e5270a2bdf3053b204736ccf1b
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