The RVTS coefficient, one of the important intra-network indicators in the cryptocurrency market, has reached a historic low for Bitcoin. On-chain analyst João Wedson stated that Bitcoin network usage has fallen to its lowest level ever, sending important signals about market dynamics.



According to Wedson, the 28-day RVTS coefficient (realized value/transaction volume) measures the ratio between market capitalization and the adjusted economic volume of the network. An increase in this coefficient indicates a reduction in activity on the blockchain. Recent data showing that this indicator has reached a historic peak suggest a significant decline in transaction volume and that the network has entered a period of virtual "silence" in activity.#GateSquareAprilPostingChallenge
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