Bitcoin Liveliness Indicator Hits New Peaks, Suggesting Ongoing Bull Market Demand

Bitcoin's liveliness indicator has hit new all-time highs in 2025, pointing to robust on-chain demand even as prices stabilize around $89,000. This metric, tracking spending versus holding activity, suggests the ongoing bull market cycle remains active with significant capital inflows. Bitcoin liveliness rises during bull phases: It measures net transaction activity scaled by coin age, [...]