The Bitcoin (BTC) cryptocurrency once again appears to be losing momentum, attracting the attention of crypto users and market observers. Today, market analyst CryptoQuant shared insights on the current status of Bitcoin, noting the market appears to have entered a corrective mode, signaling a cooling trend. The analyst shared on the X social media that Bitcoin is cooling internally, driven by a decrease in active addresses.
Active addresses refer to unique wallets that participate in obtaining or sending BTC within a specific timeframe. A fall in active addresses typically indicates a lower transaction volume and potential pause in investor activity.
Bitcoin Is Cooling Internally: Active Addresses Have Fallen by More Than 30% “To validate a convincing structural recovery, it will not be enough to see price move higher; network activity will also need to return.” – By @oro_crypto pic.twitter.com/eBMkEcCut5
— CryptoQuant.com (@cryptoquant_com) March 27, 2026
Bitcoin Active Addresses Drop To A Low Of 655,908
Bitcoin’s network activity has experienced a massive decline, as per the data released today by analyst CryptoQuant. The number of active addresses has declined by 30% from 938,609 Bitcoin wallets noted in August 2025 to the current 655,908 Bitcoin wallets seen as of today, March 27, this year.
This decline in active wallet addresses indicates that fewer customers are currently participating in transactions on the Bitcoin network, suggesting decreased market engagement and increased uncertainty among active investors, especially whales.
Today, Bitcoin trades at $67,673 following a 3.4% decline noted over the past 24 hours Its price has also been down 4.7% and 5.5% over the past seven days and two weeks, respectively.
The analyst’s revelation shows that the catalyst behind Bitcoin’s recent price decline is the significant drop in active addresses, a trend that often brings a consolidation phase, indicating a lack of user interest or investors experiencing market uncertainty due to ongoing macroeconomic concerns fueled by the US-Iran conflict
The current price of Bitcoin is $66,929. Why Bitcoin Correction Could Heighten
The decrease in active addresses noted above points out that Bitcoin network activity is cooling, an indicator that its price movement might not rise as some participants anticipate. This is not a structural collapse, but rather a cooling phase of the Bitcoin network activity after recent price rises. The CryptoQuant analyst highlighted that a mere price rise is unlikely to increase on-chain activity without support from other bullish factors.
Bitcoin price is currently trading at $67,000, a fall from a high of $75,988 reached last week on March 17. The asset is currently trading in an ascending parallel channel, a pattern that often signals a continuation of a consolidation phase. The pattern signals that the Bitcoin price is likely to drop to the $60,000 level soon due to persistent selling by institutional and whales
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Gerelateerde artikelen
Bitcoin 8-Hour Average Funding Rate Turns Negative at -0.01%
Gate News message, April 22 — According to Coinglass data, Bitcoin's 8-hour average funding rate across the network currently stands at -0.01%, indicating a slight bearish sentiment among futures traders.
Among major exchanges, funding rates vary: one exchange at -0.0007%, another at -0.0033%, a th
GateNews2u geleden
BTC 24H上涨 5.01%，现价 79399.3 USDT
Gate News bot 消息，Gate 行情显示，BTC 24 小时 上涨 5.01%，现价 79399.3 USDT。
CryptoRadar2u geleden
MicroStrategy Could Drive Bitcoin to $10M If It Accumulates 7.5% Supply, Saylor Says
MicroStrategy aims for 7.5% of Bitcoin supply, implying $10M per BTC; as of Apr 19 it held 815,061 BTC (~3.88%) for $61.56B, needing ~3.62% more to target saturation in Saylor’s long‑term accumulation plan.
Abstract: MicroStrategy seeks to accumulate roughly 7.5% of Bitcoin supply, a threshold Saylor suggests could push BTC to about $10 million and slow purchases thereafter. By April 19 it owned 815,061 BTC (≈3.88% of supply) for $61.56B and would require about 3.62 percentage points more to reach the target, indicating a approaching saturation of its long-run accumulation strategy.
GateNews3u geleden
Bitcoin Liquidation Cascade: $2.054B Long Liquidation at $74,880, $1.224B Short Liquidation at $82,692
Coinglass data show BTC below $74,880 could trigger $2.054B in long liquidations on major CEXs; BTC above $82,692 could trigger $1.224B in short liquidations.
GateNews4u geleden
Bitcoin and Ethereum Spot ETFs Record Consecutive Net Inflows; BTC ETFs Reach $99.08B in Assets
Abstract: Bitcoin and Ethereum spot ETFs posted net inflows on Apr 21, extending multi-day streaks. BTC inflows were led by BlackRock’s IBIT and Grayscale, with GBTC outflows; ETH inflows were led by ETHA, with ETHE outflows.
Summary: Bitcoin and Ethereum spot ETFs posted Apr 21 inflows, extending gains; BTC led by IBIT and Grayscale with GBTC outflows, NAV $99.08B (6.54%). ETH inflows topped by ETHA, ETHE outflows; NAV $13.66B, inflows $12.05B.
GateNews4u geleden
Expert Observes a Bullish 90-Day Bitcoin Pattern Repeating, BTC Could Hit $145,000 ATH Target
Expert observes a bullish 90-day Bitcoin pattern repeating.
He declares accumulation phase complete and expects manipulation phase to start.
BTC could hit $145,000 ATH target in the final distribution phase.
The crypto market has been moving in an upwards direction after weeks of
CryptoNewsLand4u geleden
