According to Wu Blockchain, data from Santiment Intelligence shows that BTC has climbed back above $80,000 today for the first time in 3 months. However, overall Bitcoin on-chain activity has dropped to a 2-year low. Currently, there are approximately 531,000 Bitcoin wallets making transfers daily, and around 203,000 new wallets being created each day. Santiment noted that BTC has risen about 22% over the past 5 weeks, but on-chain participation hasn't recovered in sync, which could indicate that this rally lacks support from a broad base of new users. https://(wublock123.com)/news/btc-back-above-80k-onchain-activity-hits-2yr-low-60543