The post “Bitcoin Network Sees Dramatic Drop in Unconfirmed Transactions and Monthly Volume Decline in Early 2025” appeared on BitcoinEthereumNews.com.

The latest data from COINOTAG reveals a notable decline in Bitcoin’s network activity, with the unconfirmed transaction pool experiencing a significant reduction as of February 2nd. This trend has led to the mining of several blocks that remain underutilized in terms of transaction capacity. According to insights from The Block’s data dashboard, January 2025 recorded a striking 11-month low in processed transactions, marking a continuation of a three-month downward trajectory. Transaction volume plummeted by over 43% from the peak witnessed in October 2024, indicating a substantial contraction in user engagement. Coinciding with the lead-up to President Trump’s second inauguration, daily transaction volumes had risen sharply but ultimately fell back, contributing to the seven-day moving average dipping to levels not seen since February 2024. This data underscores a pressing need for the community to analyze underlying factors affecting Bitcoin’s transaction dynamics. Source: https://en.coinotag.com/breakingnews/bitcoin-network-sees-dramatic-drop-in-unconfirmed-transactions-and-monthly-volume-decline-in-early-2025/

---

Filed under: News - @ February 2, 2025 12:24 am