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Posts Tagged Shock


Bitcoin Fee Shock: Network Charges Double Amidst Excitement Of $70,000 BTC

By on Monday, March 11th, 2024 | No Comments

Bitcoin transaction fees have experienced an unprecedented surge, doubling in just one week, as the market rallies towards the coveted $ 70,000 mark. This surge cannot be solely attributed to the upward trajectory of Bitcoin’s price but is significantly influenced by the sudden rise in Ordinals transactions. Ordinals: A Driving Force Behind Fee Escalation Amidst […]

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Bitcoin Supply Shock: Reserves Drop To Lows Not Seen Since October 2017

By on Friday, October 8th, 2021 | No Comments

Bitcoin spot reserves continue the recent trend of decline as values now stand at the lowest since October 2017. This shows the supply shock is tightening its grip. Bitcoin Supply Shock Narrative Grows Further As Spot Reserves Decline To October 2017 Levels As pointed out by a CryptoQuant post, BTC spot reserves have dropped down […]

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