Mark Moss notes that while Bitcoin's price remains in recovery mode and much of the recent inflow originates from ETFs operating off chain, on-chain data indicates that network and block space usage is increasing rapidly, even in the absence of a major upward price move.
Bitcoin on-chain usage rises as price recovers, Mark Moss notes
Mark Moss notes that while Bitcoin's price remains in recovery mode and much of the recent inflow originates from ETFs operating off chain, on-chain data indicates that network and block space usage is increasing rapidly, even in the…
Traders Union
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Oct 3, 2026 at 10:15 PM UTC · 1 Min. Lesezeit
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bitcoin
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BTC+0.70%$82,146
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vor 12 Tagen
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His observation highlights that Bitcoin network fundamentals can strengthen independently from price jumps, driven by increased on-chain activity.
Moss previously stated that bitcoin's fixed supply allows for simpler price predictions, with demand as the main variable affecting future value, as noted in his analysis on valuation. He has also described Bitcoin as a neutral reserve asset for global settlement, citing its potential role in geopolitical and technological developments in a separate commentary. These earlier perspectives inform his current focus on on-chain fundamentals over near-term price movement.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our
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Bitcoin moved from $76,146.1 to $82,116.2 over the last 30-day period, a gain of 7.8 percent.
Source: Kraken · NewsLayer Markets · Updated vor ein paar Sekunden
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Follow the Story
- Oct 3Bitcoin on-chain usage rises as price recovers, Mark Moss notes
- Oct 15Glassnode Says Bitcoin Rebound Has Weakened Support Below $80,000
- Oct 15Crypto News Today: Korea's Jeonbuk Bank Lends Against Bitcoin as Remittix Targets Another Route Between Crypto and Banking
- Oct 15Grayscale Says Bitcoin’s Volatility Falls to 43%, Now Within S&P 500 Range
- Oct 3Bitcoin on-chain usage rises as price recovers, Mark Moss notes
- Oct 15Glassnode Says Bitcoin Rebound Has Weakened Support Below $80,000
- Oct 15Crypto News Today: Korea's Jeonbuk Bank Lends Against Bitcoin as Remittix Targets Another Route Between Crypto and Banking
- Oct 15Grayscale Says Bitcoin’s Volatility Falls to 43%, Now Within S&P 500 Range
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Bitcoin
BTC
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24H Volume
$30.3B
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