Data show: BTC popularity rate slows down, short-term volatility is too high

According to TokenInsight data, the TI index reflecting the overall performance of the blockchain industry reported 538.79 points at 8:00 on May 11th, an increase of 14.68 points or 2.8% from the same period of last year. In addition, among the 28 segments closely watched by TokenInsight, the highest increase in 24 hours was in the social and content applications industry, an increase of 16.27%; the highest decline in 24 hours was in the energy and mining applications industry, a decrease of 3.05%. According to the monitoring, the number of BTC active addresses and the number of transfers decreased by 7.35% and 0.45% respectively from the previous day. BCtrend analyst Jeffrey believes that BTC's popularity growth rate is falling, short-term volatility is too high, and it will be adjusted in the short term.