The market is depressed! Bitcoin volatility hits new low this year, Ethereum gas fees hit four-year low

The performance of the cryptocurrency market continues to be weak, which has also reduced the activity of the ecological network. According to data from "THE BLOCK", after the Bitcoin halving in mid-April, Bitcoin miners' income per TH/s (7-day MA) has hit a record low in the past two months; the upward trend in June has once again been suppressed. Break and continue downward.

Miner Bitcoin Balance

In addition, Coinglass data also shows that Bitcoin’s 30-day average volatility has dropped to 1.25%, setting a record low in 2024.

Top 5 BTC options trading volume of the day

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