Definition ∞ A Bitcoin metric is a quantifiable data point used to analyze the performance, health, or market sentiment of the Bitcoin network and its associated asset. These measurements can include on-chain data, such as transaction volume, active addresses, or mining difficulty. They also encompass market data, including price, trading volume, and market capitalization. Such metrics provide observers with objective information to assess trends and fundamental characteristics of the Bitcoin ecosystem.
Context ∞ Bitcoin metrics are regularly cited in cryptocurrency news to support market analyses, price predictions, and discussions about network security or adoption. For instance, an increase in active addresses might suggest growing user engagement, while a rising hash rate indicates enhanced network security. Understanding these metrics allows individuals to interpret news reports with greater insight into the underlying dynamics influencing Bitcoin’s value and utility.
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