比特币（BTC）网络活动跌至一年低点，标志着旗舰加密货币的性能的转变

领先的数据分析公司CryptoQuant估计，这种低迷的比特币的公允价值在48,000美元至95,000美元之间。

Bitcoin's network activity has hit its lowest in a year, signaling a crucial shift in the flagship cryptocurrency's performance. According to CryptoQuant, a leading data analytics firm, this downturn pegs Bitcoin's fair value in the range of $48,000 to $95,000. At press time, Bitcoin was trading at around $96,500, suggesting it may be overvalued based on network activity.

比特币的网络活动在一年内达到了最低点，这表明旗舰加密货币的性能至关重要。据领先的数据分析公司CryptoQuant称，这家经济低迷的比特币的公允价值在48,000美元至95,000美元之间。发稿时，比特币的交易价格约为96,500美元，这表明它可能会根据网络活动高估。

The Bitcoin Network Activity Index, which measures the transactional volume on the network, has seen a 15% drop since peaking at 3,760 in November 2024. This marks the lowest the index has been since February 2024. The decrease is mainly attributed to a decline in transactions, with the total daily transaction count currently at 346,000. This is a 53% drop from the all-time high of 734,000 transactions recorded in September 2024.

比特币网络活动指数衡量了网络上的交易量，自2024年11月以3,760的峰值以来，该指数下降了15％。这标志着自2024年2月以来该指数的最低点。该指数主要归因于下降归因于下降归因于下降归因于下降。交易，目前每日交易总数为346,000。这是从2024年9月记录的734,000件交易的历史高处下降53％。

One key factor contributing to this downturn is the reduced usage of the Runes protocol for token minting on Bitcoin's blockchain. Runes utilizes OP_RETURN codes to store data related to tokens, but the use of these codes has seen a significant dip.

导致这种低迷的一个关键因素是减少对比特币区块链造币的符文协议的使用减少。符文利用op_return代码来存储与令牌相关的数据，但是这些代码的使用已经显着下降。

In April 2024, daily OP_RETURN codes hit 802,000, but as of January, the average has dwindled to a mere 10,000 per day. Data from Dune Analytics shows that as of February 4th, Runes-related transactions amounted to 6,110, accounting for just about 2.5% of Bitcoin’s daily transaction volume.

2024年4月，每日OP_Return代码达到802,000，但截至1月，平均值已减少至每天10,000。 Dune Analytics的数据表明，截至2月4日，与符文相关的交易为6,110，仅占比特币每日交易量的2.5％。

From January 1st to February 4th, Bitcoin transfers comprised a significant 73.5% of the daily network activity, outpacing transactions related to Ordinals, BRC-20 tokens, and Runes. This decline is also reflected in Bitcoin's mempool, where unconfirmed transactions have nosedived from 287,000 in December 2024 to a mere 3,000, a 99% drop. The mempool last noted such low activity levels in March 2022.

从1月1日到2月4日，比特币转移占每日网络活动的73.5％，超过了与序数，BRC-20代币和符文有关的交易。这种下降也反映在比特币的Mempool中，在那里，未经证实的交易已从2024年12月的287,000人降至仅3,000，下降了99％。 Mempool最后指出了2022年3月的活动水平。

While these indicators may suggest an overvaluation of Bitcoin, a recent report by Bitfinex highlights that Bitcoin has remained resilient, even amidst market shocks like President Donald Trump's tariff plan. In January, Bitcoin outperformed the broader cryptocurrency market with a gain of 9.4%, while the wider market experienced an average decline of 25.7%.

尽管这些指标可能暗示比特币高估，但比特菲尼克斯（Bitfinex）最近的一份报告强调，比特币仍然具有弹性，甚至像总统唐纳德·特朗普（Donald Trump）的关税计划一样在市场冲击中。一月份，比特币以9.4％的幅度优于更广泛的加密货币市场，而更广泛的市场的平均下降为25.7％。

As always, investors are encouraged to do thorough research and exercise caution when trading, given the highly volatile nature of the cryptocurrency market, which is influenced by a multitude of factors.

与往常一样，鉴于加密货币市场的高度波动性质，投资者在交易时要进行彻底的研究和谨慎行事，这受到多种因素的影响。