Bitcoin Active Addresses Drop to Year-Low, Raising Block Demand Concerns

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Bitcoin network activity has fallen to a year-low, with active addresses hitting 660,000 on a 7-day average. This marks the weakest level since December 2024, when Ordinals and Runes drove a surge in **network activity**. Miner revenue has dropped to $40 million per day, with block subsidies now dominating income. Rune transactions now make up a growing share of total activity but contribute just 5%–10% of fees. Traders are shifting focus to **altcoins to watch**, as Bitcoin’s block space demand shows signs of softening.
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