Statistics and analysis for cryptocurrency markets, bitcoin price and dominance, adoption of blockchain technologies, lightning network development, etc.
Search terms
– The popularity of search term “bitcoin” is at 12% level from its all-time high in December 17, 2017 – December 23, 2017.
– Popularity of search term “cryptocurrency” is at 13% level from its all-time high in December 31, 2017 – January 13, 2018.
– Popularity of search term “blockchain” is at 38% level from its all-time high in December 17, 2017 – December 23, 2017.
Markets
– Bitcoin price was $6,398 as of 5:00 PM CET, which is:
– 68.2% lower from its peak of $20,089 on December 17, 2017;
– 4.1% higher than $6,146 a week ago on August 10, 2018.
– Bitcoin dominance was 52.14% as of 5:00 PM CET, which is 19.72% higher from its all-time low of 32.42% on January 14, 2018.
* Low bitcoin dominance may indicate high investors’ sentiment toward cryptocurrency markets. Historically, the largest upward movements of crypto markets have been happening while bitcoin dominance was decreasing.
– Bitcoin NTV ratio is 179, which is much higher than historical average levels between 25 and 100.
* Bitcoin’s NVT ratio (Network Value to Transactions) is calculated by dividing the market capitalization by the the daily USD volume transmitted through the blockchain. That this is the equivalent of total BTC supply divided by the daily BTC value transmitted through the blockchain.
* High NTV ratio may indicate that cryptocurrency is valuated too expensve (high market cap) comparing to its utility value (daily volume of BTC transmitted through the blockchain).
* NTV ratio was invented by Willy Woo, data for its calculation is taken from blockchain.info.
Bitcoin mining
– Bitcoin’s hash rate is 51,453,575 TH/s, which is 652% higher than 6,838,231 TH/s a year ago.
– Bitcoin’s hash rate distribution among the largest mining pools:
BTC.com – 18.9%;
AntPool – 15.5%;
BTC.TOP – 12.7%;
SlushPool – 11.8%;
ViaBTC – 10,7%;
others – 30,4%.
Sources
Data used from the following sources: Woobull, Blockchain.com, BTC.com, Google Trends