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Bitcoin network activity rebounds, daily trading volume reaches the highest level since November 2024.
BlockBeats message, April 7, CryptoQuant posted that the Bitcoin network activity index rebounded after falling for several months, with daily transaction volume reaching about 615k transactions, the highest level since November 2024, involving multiple indicators such as addresses, transactions, and UTXO.
The analysis also noted that current Bitcoin fees are still low; in this environment, exchanges and large holders may be consolidating UTXOs and reorganizing funds, and the surge in activity is partly driven by operational behavior rather than purely organic demand.