Bitcoin reached ATH in 4 really important metrics this month

New ATH in Bitcoin Month-to-month Transactions – 19.4M in July
A lot for the "individuals solely purchase to carry it" argument. Persons are actually utilizing it additionally as P2P money.

https://newhedge.io/terminal/bitcoin/monthly-transactions

https://preview.redd.it/78vaahhis0gd1.png?width=2758&format=png&auto=webp&s=638700f2116e90dcdb1bf90c1c36a38b840525fe

New ATH in Bitcoin Community Issue – 91T
Miner capitulation anybody? Dying spiral? Miners are plugging in and pushing issue/hashrate to new ATHs.

https://newhedge.io/terminal/bitcoin/network-difficulty

https://preview.redd.it/eacsgn4ls0gd1.png?width=2776&format=png&auto=webp&s=4afb7d1acded0b8dba987ab2e57c1a2ebeecb73b

New ATH in Bitcoin Hashrate – 667 EH/s
Just like Issue above, miners are extraordinarily bullish and plugging in machines regardless of "lackluster" worth motion as some would say

https://newhedge.io/terminal/bitcoin/hashrate-vs-price

https://preview.redd.it/6q8ym5jms0gd1.png?width=2768&format=png&auto=webp&s=d9bd0f872c85493d8bdd0fc413c27104123e62d8

Bitcoin Open Curiosity – $39B
So this might be bullish, but in addition point out a short-term market correction. OI (open curiosity) represents the sum of money flowing into the Bitcoin futures market.

https://newhedge.io/terminal/bitcoin/open-interest

https://preview.redd.it/9fu373jns0gd1.png?width=2774&format=png&auto=webp&s=581e6351785184e5270a2bdf3053b204736ccf1b