Bitcoin Activity Surges as On-Chain Momentum Signals Fresh Breakout Potential
The post Bitcoin Activity Surges as On-Chain Momentum Signals Fresh Breakout Potential appeared on BitcoinEthereumNews.com.
The rate of inflows into US-listed spot Bitcoin ETFs has picked back up, with the highest daily volumes seen in weeks. There had been over 615,000 Bitcoin transactions per day, the most since November 2024. Bitcoin network activity “just snapped higher after months of decline,” according to Monday’s assessment by CryptoQuant. A blockchain analytics provider’s index keeps tabs on demand for blockspace, addresses, transactions, and UTXOs. Bitcoin network activity just snapped higher after months of decline. The CryptoQuant Network Activity Index is rebounding: tracking addresses, transactions, UTXOs, and blockspace demand. What’s happening? Let’s dive in 👇 pic.twitter.com/KXgOsTeF03 — CryptoQuant.com (@cryptoquant_com) April 6, 2026 It pointed out that there had been over 615,000 Bitcoin transactions per day, the most since November 2024. This change is taking place at a time when Bitcoin fees are still low, so it’s possible that some of the recent activity bump is due to operational factors rather than purely organic demand. CryptoQuant noted that under low-fee situations, big holders, exchanges, and custodians may combine UTXOs, rebalance wallets, and rearrange funds on-chain more cheaply. Consequently, the lackluster price movement may have little to do with this surge in activity. Following a period of compression, the current breakout indicates a fresh effort to confront overhead resistance, according to Glassnode’s Monday analysis. Positive Momentum The rate of inflows into US-listed spot Bitcoin ETFs has picked back up, with the highest daily volumes seen in weeks. Monday saw $471 million pour into spot Bitcoin ETFs, the most daily inflow since $507 million on February 25 (as reported by SoSoValue). According to CoinGecko statistics, the inflows occurred when the price of Bitcoin momentarily surpassed $70,000 before falling below $69,000. The Crypto Fear & Greed Index stayed in “Extreme Fear” at 13, and the volatility happened under ongoing geopolitical pressure and fresh worries about…
Filed under: News - @ April 7, 2026 6:28 pm