The Bitcoin (BTC) network usage has fallen sharply in more than seven years while new sales.
As of June 4, the 60-day Moving Average for Bitcoin active addresses was above 600,000, according to data from Bitcoin Magazine Pro checked by Finbold. The use of Bitcoin has decreased gradually since the end of the bull session of 2021, thus repeating the level reached in the market of 2019.
Bitcoin network activity has declined over the past few years, driven by its maturity and increased competition from other layer (L1) networks. Also, the use of BTC decreased significantly after it was accepted as a trading currency (ETFs), as many investors have chosen traditional instruments due to the high cost of fees and regulatory requirements.
In addition, the approval of the Genius Act – a US law establishing federal regulations for stablecoin providers – signed into law in July 2025, further reduced the use of the BTC network. Also, many investors have established stablecoins on other chains, including Ethereum (The price of ETH), Solana (SOL), and Tron (The value of TRX), to facilitate fast, frequent payments around the world.
What’s next for the price of Bitcoin amid the decline in usage
The dramatic decline in Bitcoin addresses over the years has fueled much interest. Further, the lead is down 26% year-to-date (YTD), trading at around $63,950 during the reporting period.
With BTC price retesting its February 2026 support level, according to Finbold he explaineda possible return on the network can start its own male meeting. However, among stocks related to artificial intelligence (AI), the BTC network may see a decrease in activity, which makes the currency subject to an increased risk of selling in the coming months.
