The data shows that the popularity of BTC has fallen below the low level in March, and the new high computing power has caused the competition of the mine owners to become hot.

According to TokenInsight data, the TI index reflecting the overall performance of the blockchain industry reported 62.61 points at 8:00 on October 12, a decrease of 18.71 points or 2.93% from the same period of last year. In addition, among the 25 sub-sectors closely watched by TokenInsight, the highest growth rate in 24 hours was for other business and leasing industries, with a growth rate of 6.01%; the highest decline in 24 hours was for other industries, with a drop of 7.9%. According to the monitoring, the BTC 24h transaction volume was $19.5 billion, the number of active sites decreased by 8.58% from the previous day, and the number of transfers increased by 4.26% from the previous day. BCtrend analyst Jeffrey believes that BTC's popularity has fallen below the low level in March, and the new high computing power has led to a fierce competition among miners, and will continue to adjust in the short term. Note: The above content is for reference only and does not constitute investment advice.