Bitcoin’s mempool activity is at historical lows, currently showing only 15,000 pending transactions. This indicates weak retail engagement despite high prices, raising concerns about market vitality.
Institutional interest in Bitcoin appears to be diminishing, with ETF and MicroStrategy purchases declining significantly. This trend suggests a lack of confidence in sustaining Bitcoin’s price levels.
Experts like Joel Valanzuela highlight that declining transactions may lead to serious issues for Bitcoin’s network utility, emphasizing the need for increased retail participation to revitalize market activity.
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