Data show: BTC trading volume continues to shrink, insufficient new funds in the market

According to TokenInsight data, the TI index reflecting the overall performance of the blockchain industry reported 498.94 points at 8:00 on April 21, 2008, up 0.69 points from the same period of last year, or 0.14%. In addition, among the 28 segments closely watched by TokenInsight, the highest increase in 24 hours was in the social and content application industry, with an increase of 5.68%; the highest decline in 24 hours was in the storage technology or protocol industry, a decline of 3.19%. According to the monitoring, the number of BTC active addresses and the number of transfers decreased by 28.39% and 2.82% respectively. BCtrend analyst Jeffrey believes that BTC trading volume continues to shrink, the market is not enough new funds, and will adjust in the short term. According to the quantitative analysis of BitUniverse, the mainstream currency is arbitrarily sideways, and can be used in a half warehouse or USDT trading grid, waiting for the market to determine the direction.