The data shows that the popularity of BTC has declined for three consecutive weeks, and the flow has also shrunk simultaneously.

According to TokenInsight data, the BTC 24h transaction volume was $16 billion, the number of active addresses decreased by 11.6% from the previous day, and the number of transfers decreased by 15.22% from the previous day. BCtrend analyst Jeffrey believes that BTC's popularity has declined for three consecutive weeks, and traffic has shrunk simultaneously, which may be consolidating in the short term.