Metrics like the number of confirmed payments can be used to gauge investor activity on the Bitcoin network.
Daily Bitcoin payments have sunk to a yearly low, illustrating the period of illiquidity characteristic of the holiday season.
Confirmed Bitcoin (BTC) payments sank to 623,434 on Dec. 26, marking the lowest point of the year, according to data from blockchain.com
Confirmed Bitcoin payments per day. 1–year chart. Source: Blockchain.com
