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Network fundamentals

What is the Bitcoin network doing?
Network — BTC Fundamentals (rebased = 100)

Bitcoin network fundamentals — hash rate, active addresses, transaction count and miner revenue — each rebased to 100 at the window start (they span wildly different scales).

How Each blockchain.com series, resampled to business-daily, divided by its first value × 100.Formula metric / metric[0] × 100Source blockchain.com Charts API

crypto_network

How to read Present-state network health and usage — rising hash rate = more security/mining commitment, rising addresses/tx = more on-chain activity. A description of what the chain is doing now.

Descriptive raw network observables — strip the predictive overlays ('miner capitulation = bottom', 'hash-ribbons buy signal'). The on-chain holder-cost VALUATION metrics (MVRV, SOPR, realized cap) are a separate, paid (CoinMetrics non-commercial) family and are deferred.

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