Crypto · On-chain

Bitcoin Health

Network security, usage, valuation and sentiment from free public data sources, refreshed every 15–60 minutes depending on the source. Every card links to its source and shows when its data is from; only metrics with a reliable free source are included.

OverallCaution
Healthy3
Neutral7
Caution4
Hashrate1065 EH/s
Hash RibbonsHealthy (30d > 60d)
MVRV1.45
Crypto Fear & Greed30 · Fear
RefreshedOct 30, 8:33 PM ET
⚠ 1 metric staleSome sources haven't published fresh data; those cards are marked in amber below.

Security & mining

Hashratehealthy
1065 EH/s
▲ +14.7% 30d

Up 14.7% over 30 days: more computing power is securing the chain.

Source: mempool.space mining · as of Oct 31, 2026 · fetched Oct 30, 8:33 PM ET
Hash Ribbonshealthy
Healthy (30d > 60d)

30-day average is above the 60-day: no miner stress.

30d SMA 1027 vs 60d SMA 986 EH/s (4.2%). Computed by MystTrades from mempool.space daily hashrate.

Source: mempool.space mining · as of Oct 31, 2026 · fetched Oct 30, 8:33 PM ET
Difficultyneutral
148.4 T
▲ +5.5% last retarget

Blocks are coming slower than 10 minutes, so difficulty is set to ease.

Next adjustment est. -3.62% in 1845 blocks (~Nov 13), epoch 8% done.

Source: mempool.space mining · as of Oct 29, 2026 · fetched Oct 30, 8:33 PM ET
Hashprice & miner revenueneutral
$41.01 /PH/day
▼ -8.1% 30d

Miner income per unit of work is roughly flat to soft.

Miner revenue $41.3M on 2026-10-28 (subsidy + fees). Hashprice = revenue ÷ hashrate, computed by MystTrades.

Source: Blockchain.com charts · as of Oct 28, 2026 · fetched Oct 30, 8:33 PM ET
Fees as % of miner revenuecaution
0.51%
▼ -17.5% 30d

Fees are a sliver of miner pay: security still leans almost fully on the block subsidy.

30-day average 0.56%. Fees USD ÷ miner revenue USD.

Source: Blockchain.com charts · as of Oct 28, 2026 · fetched Oct 30, 8:33 PM ET

Usage

Active addressesneutral
644,645
▼ -5.3% 30d

Down 5.3% over 30 days: on-chain activity is cooling.

Unique addresses active in the day (Coin Metrics AdrActCnt).

Source: Coin Metrics Community · as of Oct 29, 2026 · fetched Oct 30, 8:33 PM ET
Transaction countcaution
577,853 /day
▼ -22.1% 30d

Down 22.1% over 30 days: fewer transactions.

On-chain transactions per day (Coin Metrics TxCnt).

Source: Coin Metrics Community · as of Oct 29, 2026 · fetched Oct 30, 8:33 PM ET
Mempool & fee rateshealthy
1 sat/vB

Block space is uncongested: fees are cheap.

52,530 txs waiting (21.4 vMB ≈ 22 blocks). Next block 1, 30 min 1, 1 hr 1, economy 1 sat/vB.

⚠ Stale: Data is 4 hours old; last refresh failed (The operation was aborted)
Source: mempool.space · as of Oct 30, 4:32 PM ET · fetched Oct 30, 4:32 PM ET
Transfer volume (estimated)caution
$9.23B
▼ -38.3% 30d

Down 38.3% over 30 days: less value moving on-chain.

Blockchain.com's estimated USD value moved, with change outputs removed. Coin Metrics' adjusted transfer volume (TxTfrValAdjUSD) is not in its free tier, so this is the closest free proxy.

Source: Blockchain.com charts · as of Oct 28, 2026 · fetched Oct 30, 8:33 PM ET

Holder behavior & valuation

MVRVneutral
1.45
▼ -7.3% 30d

Close to cost basis: little froth, holders are only modestly in profit.

Market cap ÷ realized cap. Past tops above ~3.5, bottoms below 1.

Source: Coin Metrics Community · as of Oct 29, 2026 · fetched Oct 30, 8:33 PM ET
NVT rationeutral
223.5
▼ -0.4% 30d

Valuation vs on-chain use is about where it was a month ago.

Computed by MystTrades: Coin Metrics market cap ÷ 28-day average of Blockchain.com estimated USD transfer volume.

Source: Coin Metrics Community · as of Oct 28, 2026 · fetched Oct 30, 8:33 PM ET

Price & market

Charts by TradingView free widgets: Phemex BTCUSDT perpetual, BTC dominance, total crypto market cap and USDT dominance.

Sentiment

Crypto Fear & Greedneutral
30 · Fear
▼ -44 pts 30d

Fear: sentiment is defensive.

30-day range 30–73.

Source: alternative.me · as of Oct 31, 2026 · fetched Oct 30, 8:33 PM ET
Funding rate (Phemex BTCUSDT perp)neutral
+0.0025% / 8h

Near the 0.01% baseline: leverage is balanced.

Predicted next +0.0025%. Mark $77,223.9, open interest 2296 BTC.

Source: Phemex public ticker · as of Oct 30, 8:33 PM ET · fetched Oct 30, 8:33 PM ET
Long/short account ratio (OKX)caution
2.84
▲ +31.5% 7d

Retail accounts are heavily long: crowded, prone to long squeezes.

Accounts net long ÷ accounts net short on OKX BTC contracts (daily).

Source: OKX trading data · as of Oct 30, 2026 · fetched Oct 30, 4:32 PM ET

Research only, not investment advice. Health colors use simple fixed thresholds (for example MVRV above 3.5 or below 1) and are not predictions.