Bitcoin on-chain summary: On-chain activity is back

After almost hibernating for two weeks, we see solid growth in on-chain activity this week, as all our metrics are flashing green.

Daily miner revenues increased 6% over the past seven days and are sitting just below $40 million, an average level in 2022.

The abnormally low transaction fees increased 8% over the past seven days and are now close to $400k per day. They still make up only 1% of miner revenue, which is extremely low historically.

Link copied to clipboard.