Author Topic: [Xangle Briefing] BTC Weekly On-chain status; High volatiliy with sharp increase  (Read 3 times)

Offline administrator

  • Administrator
  • Newbie
  • *****
  • Posts: 41360
    • View Profile
[Xangle Briefing] BTC Weekly On-chain status; High volatiliy with sharp increase in transaction fees
https://bit.ly/3g6jKya

According to Xangle, the global crypto disclosure platform, on-chain transactions and network activities showed high volatility this week. Sharp increase in tx fees and negative impact on hash rate.

???? Price: Weak performance on May  21st.
???? Hash rate: Negative impact after 3rd halving on May 11th
???? Transaction fee: Strong positive impact
???? Transaction count: Weak performance
???? Transaction volume: High volatility
???? Relative Strength Index & Money Flow Index: Moved below OVERSOLD level & experiencing corrective pullback